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110 Quayside Drive, Jupiter...

Christine C. Reese And Jason W. Reese Acquire SFR In Jupiter For $6.5M
SOLDSingle Family Residence

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

Robert Thomson

Waterfront Properties and Club Communities

Broker

$262.9M

vol

23 deals

Broker

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