Updated Aug 18, 2025
Sheridan Capital Closes $6.85M Bridge Loan For Multifamily Asset In Tequesta
3770 Southeast County Line Road
$6,850,000
$212/SF
Building Size
32,302 SF
Asset Type
MultiFamily
Closing
Jul 16, 2025
About this deal
AI
The property asset involved in this transaction is a multifamily unit located at 3770 Southeast County Line Road in Tequesta. This asset comprises 16 units and has a total square footage of 32,302. The loan amount secured for this property is $6,850,000, categorized as a bridge loan.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $6,850,000
- Address: 3770 Southeast County Line Road
- Market: Tequesta
- Units: 16
- Square Footage: 32,302
- Lender: Sheridan Capital
- Lender's Representative: Noam Temchin - FM Capital
- Loan Type: Bridge
This transaction involved Noam Temchin representing Sheridan Capital, the lender for the bridge loan. The loan is intended to support the multifamily property investment at the specified location.
On the Map
$6,850,000
$212/SF
MultiFamily
View full map
Players
Jupiter MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Loan transactions
Loading comparables…
Deal FAQ
Visit Noam Temchin to view all their deals.
Browse Jupiter multifamily loans on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.32%
Cash-on-Cash
-0.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93