$4.8M Sale Of 6,409 SF SFR On Ponte Vedra Boulevard In Ponte Vedra Beach
SOLD
$4,825,000
Florida
See Similar DealsSingle Family Residence64,090 SF
Sold 07/22/2020
SOLD
$4.8M Sale Of 6,409 SF SFR On Ponte Vedra Boulevard In Ponte Vedra Beach
1189 Ponte Vedra Blvd, Ponte Vedra Beach, FL 32082, USA
See Similar DealsSingle Family Residence64,090 SF
Sold 07/22/2020
Summary
FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$75
Total Square Footage:64,090 SF
Transaction Type:Sale
The recently closed property transaction in Ponte Vedra Beach involves a single-family residence located at 1189 Ponte Vedra Boulevard. The property spans an impressive 6,409 square feet, with a price tag of $4,825,000. This translates to a price per square foot of $753, highlighting the value of the asset in the market.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $4,825,000
- Square Footage: 6,409
- Price Per Square Foot: $753
- Address: 1189 Ponte Vedra Boulevard
- Market: Ponte Vedra Beach
The seller's representation in this deal was Kim Martin-Fisher and Jennifer Martin Faulkner from Coldwell Banker Vanguard Realty. On the buyer's side, Suzie Connolly from Ponte Vedra Club Realty Inc played a key role as the buyer's representative.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$257,333.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$17,142.21
Cash-on-Cash Return-1.27%
Monthly Debt Service$22,872.96
Annual Debt Service$274,475.54
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