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Oh Family Dynasty Acquires SFR In Jupiter Inlet Colony For $21.4M

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SOLD
$21,400,000

Florida

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Single Family Residence3,172 SF
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SOLD

Oh Family Dynasty Acquires SFR In Jupiter Inlet Colony For $21.4M

102 Lighthouse Dr Jupiter, FL 33469, USA

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Single Family Residence3,172 SF
Sold
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Summary

FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$6746
Total Square Footage:3172 SF
Transaction Type:Sale

The property at 102 Lighthouse Drive in Jupiter Inlet Colony has been sold for $21,400,000. This single-family residence has a total square footage of 3,172, resulting in a price per square foot of $6,747. The transaction took place on 06/06/2023, with Oh Family Dynasty, represented by Jodi Oh, as the buyer, and Ryan and Shana Simovitch as the sellers.

Summary of transaction details

This transaction involved the buyer's representative, Karina Benzineb from Sotheby's International Realty, and the seller's representatives, Milla Russo from Illustrated Properties Real Estate and Christine Sheehan from The Sheehan Agency. These individuals played key roles in facilitating the deal, representing their respective clients throughout the negotiation and closing process.

Players

Christy Sheehan
4 deals$41M volume
BROKER

Milla Russo
Illustrated Properties Real Estate
3 deals$64.2M volume
BROKER

Karina Benzineb
Sotheby's International Realty
1 deal$21.4M volume(561) 305-2646
BROKER

Details

SOLD
IMAGE: Milla Russo, Karina Benzineb & Christine Sheehan DATE: 06/06/2023 ADDRESS: 102 Lighthouse Drive MARKET: Jupiter Inlet Colony ASSET TYPE: SFR BUYER: Oh Family Dynasty - Jodi Oh SELLER: Ryan and Shana Simovitch BUYER'S REP: Karina Benzineb (@Benzrealestateinvestment) - Sotheby's International Realty (@SothebysRealty) SELLER'S REP: Milla Russo (@TheRussoGroup) - Illustrated Properties Real Estate (@IllustratedProperties); Christine Sheehan - The Sheehan Agency (@TheSheehanAgency) SALE PRICE: $21,400,000 SF: 3,172 ~ PPSF: $6,747

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$76,029.69
Cash-on-Cash Return-1.27%
Monthly Debt Service$101,446.92
Annual Debt Service$1,217,363.01