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135 Quayside Drive, Jupiter...

Biricim & Mark E. Miller Acquire SFR In Jupiter For $9.1M
SOLDSingle Family Residence

Biricim & Mark E. Miller Acquire SFR In Jupiter For $9.1M

135 Quayside Drive, Jupiter, FL, USA

$9,100,000

$1,296/SF

Building Size

7,017 SF

Asset Type

Single Family Residence

Closing

Mar 10, 2021

AI

The property at 135 Quayside Drive in Jupiter has been sold for a total price of $9,100,000. This single-family residential (SFR) property spans a total of 7,017 square feet, resulting in a price per square foot (PPSF) of $1,297. The transaction took place on March 11, 2021.

Summary of transaction details

  • Property Type: SFR
  • Transaction Amount: $9,100,000
  • SF: 7,017
  • PPSF: $1,297
  • Address: 135 Quayside Drive
  • Market: Jupiter

The buyer of the property is Biricim & Mark E. Miller. On the other hand, Courchene Development Corp., represented by Paul Courchene, acted as the seller. The transaction was facilitated by Thomas Frankel of Admirals Cove Realty, who represented both parties involved in the deal.

Players

Thomas Frankel

Admirals Cove Realty

Broker

$65.8M

vol

7 deals

Broker

Paul Courchene

Seller

$18.9M

vol

2 deals

Seller

Jupiter 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

1.74%

Cash-on-Cash

-0.50%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93