EML Realty Partners Acquires Mixed-use Property In Jupiter For $3.95M
920 West Indiantown Road, Jupiter, Florida 33458, United States
$3,950,000
$326/SF
Building Size
12,100 SF
Asset Type
Mixed-use
Closing
Feb 13, 2022
About this deal
AI
920 & 930 W Indiantown Road, a mixed-use property located in Jupiter, was recently sold in a closed transaction. The sale, facilitated by EML Realty Partners - Eric M. Levitt, resulted in a sale price of $3,950,000. The property spans across 12,100 square feet, resulting in a price per square foot of $326.
Summary of transaction details
- Property Type: Mixed-use
- Transaction Amount: $3,950,000
- Address: 920 & 930 W Indiantown Road
- Market: Jupiter
- Buyer: EML Realty Partners - Eric M. Levitt
- Square Footage: 12,100
- Price Per Square Foot: $326
The deal was facilitated by EML Realty Partners, with Eric M. Levitt representing the buyer in the transaction. The purchase of this mixed-use property in Jupiter marks a significant investment opportunity for EML Realty Partners and demonstrates their commitment to expanding their portfolio in the thriving Jupiter market.
Jupiter Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.02%
Cash-on-Cash
-1.15%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93