Updated Dec 21, 2023
Engel & Völkers Florida Represents Sale Of WaterSound Beach Single Family Home For $8.75M
131 Compass Point Way, Inlet Beach, Florida 32461, United States
$8,750,000
$1,674/SF
Building Size
5,227 SF
Asset Type
Single Family Residence
Closing
Sep 8, 2022
About this deal
AI
A single-family home located at 131 Compass Point Way in WaterSound Beach has been sold for a price of $8,750,000. The property spans over 5,227 square feet, resulting in a price per square foot of $1,674. The transaction took place on September 9, 2022.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $8,750,000
- Address: 131 Compass Point Way
- Market: WaterSound Beach
The sale was facilitated by Marianne Grant and Blake Cooper of The Grant and Cooper Group at Engel & Völkers Florida.
Players
Inlet Beach Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.81%
Cash-on-Cash
-0.52%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93