Laila Witwicky Of Daniel Corporation Acquires Office In St. Augustine For $4.73M
1000 Plantation Island Drive South
$4,730,000
$305/SF
Building Size
15,500 SF
Asset Type
Office
Closing
Jun 16, 2025
About this deal
AI
The property asset involved in this transaction is located at 1000 Plantation Island Drive South in the St. Augustine market. This office asset was sold for a transaction amount of $4,730,000, covering a total square footage of 15,500, which equates to a price per square foot of $305.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $4,730,000
- Address: 1000 Plantation Island Drive South
- Market: St. Augustine
- Square Footage: 15,500
- Price Per Square Foot: $305
- Buyer: Laila Witwicky - Daniel Corporation
- Seller: Paul Mayberry - Opus South
- Buyer's Representative: Justin Walker - Franklin Street
In this transaction, Laila Witwicky represented Daniel Corporation as the buyer while Paul Mayberry represented Opus South as the seller. Justin Walker from Franklin Street acted as the buyer's representative, assisting their client in this acquisition.
On the Map
$4,730,000
$305/SF
Office
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Players
Saint Augustine Office Market Snapshot
Boundary boundary · Office · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.35%
Cash-on-Cash
-0.96%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93