Biricim & Mark E. Miller Acquire SFR In Jupiter For $9.1M
SOLD
$9,100,000
Florida
See Similar DealsSingle Family Residence7,017 SF
Sold 03/11/2021
SOLD
Biricim & Mark E. Miller Acquire SFR In Jupiter For $9.1M
135 Quayside Drive, Jupiter, FL, USA
See Similar DealsSingle Family Residence7,017 SF
Sold 03/11/2021
Summary
FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$1,296
Total Square Footage:7,017 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$485,333.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$32,330.39
Cash-on-Cash Return-1.27%
Monthly Debt Service$43,138.64
Annual Debt Service$517,663.71
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