Updated Sep 9, 2024
RE/MAX Advance Realty's All Keys Commercial Team Brokers $5.2M Off-Market Sale Of Driftwood Trailer Park In Tavernier
92157 Overseas Hwy Tavernier, FL 33070, USA
$5,200,000
$52/SF
Building Size
99,317 SF
Asset Type
Mobile Home
Closing
Jul 8, 2023
About this deal
AI
The off-market sale of Driftwood Trailer Park in Tavernier, Florida, was brokered by RE/MAX Advance Realty's All Keys Commercial Team for a price of $5.2 million. This waterfront mobile home community, known for its 36 units and boat dockage, is a highly sought-after landmark in the Florida Keys market. Situated on 0.44 acres, the property offers residents a serene and picturesque setting.
Summary of Transaction Details
- Property Type: Mobile Home
- Transaction Amount: $5,200,000
- Address: 92157 Overseas Highway, Tavernier
- Market: Tavernier
- Asset Type: Mobile Home
- Acres: 0.44
Curtis Skomp, Greg Dully, and Rosanne Dully from the All Keys Commercial Team at RE/MAX Advance Realty were the brokers responsible for facilitating this transaction. Their expertise and industry knowledge played a significant role in successfully closing the deal. The buyers can now enjoy the benefits of owning a mobile home in a prime waterfront location.
Players
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.05%
Cash-on-Cash
-0.87%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93