Updated Oct 29, 2026
SOLDMultiFamily
Steven Wortman Purchases Multifamily Property From John Bols In Jupiter For $3.45M
17345 Bush Road
$3,450,000
$306/SF
Building Size
11,248 SF
Asset Type
MultiFamily
Closing
Oct 16, 2026
About this deal
AI
This multifamily property located at 17345 Bush Road in Jupiter has been sold for $3,450,000. The asset comprises 12 units and a total square footage of 11,248, resulting in a price per unit of $287,500 and a price per square foot of $306.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $3,450,000
- Units: 12
- Square Footage: 11,248
- Price Per Unit: $287,500
- Price Per Square Foot: $306
- Buyer: Steven Wortman
- Seller: John Bols
- Brokers: Daniel J. Cunningham, Dillon Majeski, River Rhoads, Cory Sanchez & Evan Richardson - Marcus & Millichap
- Date of Transaction: 10/16/2026
- Market: Jupiter
On the Map
$3,450,000
$306/SF
MultiFamily
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Players
Jupiter MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.60%
Cash-on-Cash
-1.31%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93