Christine C. Reese And Jason W. Reese Acquire SFR In Jupiter For $6.5M
110 Quayside Drive, Jupiter, FL, USA
$6,500,000
$1,205/SF
Building Size
5,394 SF
Asset Type
Single Family Residence
Closing
Feb 4, 2021
AI
The SFR located at 110 Quayside Drive in Jupiter was recently sold for $6,500,000. The property spans a total of 5,394 square feet, resulting in a price per square foot of $1,205. The sale took place on 02/05/2021 and involved the following individuals and companies:
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $6,500,000
- Address: 110 Quayside Drive
- Market: Jupiter
The buyers of the property were Christine C. Reese and Jason W. Reese, who were represented by Chris Deitz from Vedder Price. On the other hand, the sellers were Yoram and Lisa Shemesh, with Rob Thomson from Waterfront Properties & Club Communities serving as their representative.
This transaction showcases the collaborative effort between Christine C. Reese, Jason W. Reese, and their buyer's representative, Chris Deitz, as they successfully acquired the SFR from sellers Yoram and Lisa Shemesh, with the assistance of Rob Thomson as their representative. The sale of this property in Jupiter exemplifies the active real estate market in the area and highlights the value of partnering with experienced professionals in the industry.
Players
Jupiter Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.44%
Cash-on-Cash
-0.70%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93