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13103 Stone Fountain Drive,...

Updated Dec 22, 2023

Micah Simon Acquires Government/Exempt Property In Tampa, FL For $9.35M
SOLDOther

Micah Simon Acquires Government/Exempt Property In Tampa, FL For $9.35M

13103 Stone Fountain Drive, Tampa, Florida 33612, United States

$9,350,000

$302/SF

Building Size

30,876 SF

Asset Type

Other

Closing

Jan 5, 2022

About this deal

AI

The government/exempt property located at 13103 Stone Fountain Dr in Tampa, FL has been sold for a transaction value of $9,350,000. The property spans an area of 30,876 square feet, resulting in a price per square foot of $303.

Summary of transaction details

  • Property Type: Government/Exempt
  • Transaction Amount: $9,350,000
  • Address: 13103 Stone Fountain Dr, Tampa, FL
  • Market: Tampa, FL

The buyer of the property is Micah Simon, while the seller is Donald Paxton.

The other sale at 13103 Stone Fountain Drive, Tampa, Florida 33612, United States in Tampa, Florida sold for $9.4M in 2022. Reported inventory is 30,876 square feet across 1 units, or about 302 per square foot. This page is the Tampa, Florida file for the 13103 Stone Fountain Drive, Tampa, Florida 33612, United States other sold: pricing, party profiles, and other closed other comps from the same Tampa sit in the Market section below. Filter that Tampa other set by closing date to see what else sold near 13103 Stone Fountain Drive, Tampa, Florida 33612, United States around 2022. Published consideration for 13103 Stone Fountain Drive, Tampa, Florida 33612, United States is $9.4M, dated 2022. Cite this Micah Simon Acquires Government/Exempt Property In Tampa, FL For $9.35M sale when underwriting similar other product around Tampa, Florida.

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Tampa Other Market Snapshot

Boundary boundary · Other · Sale transactions

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Deal FAQ

About $302 per square foot on a published $9.4M for 30,876 square feet (2022).

Browse Florida other sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.70%

Cash-on-Cash

-0.48%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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