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139 Highland Ave, Santa Ros...

Updated Dec 21, 2023

Santa Rosa Beach SFR Sold For $11.5M With Buyer's Rep Tim Shepard & Seller's Rep Stroop Group
SOLDSingle Family Residence

Santa Rosa Beach SFR Sold For $11.5M With Buyer's Rep Tim Shepard & Seller's Rep Stroop Group

139 Highland Ave, Santa Rosa Beach, FL, USA

$11,500,000

$1,279/SF

Building Size

8,985 SF

Asset Type

Single Family Residence

Closing

Oct 21, 2020

About this deal

AI

A single-family residence located at 139 Highland Ave Unit 30A in Santa Rosa Beach has been sold for a price of $11,500,000 on October 22, 2020. The property spans across 8,985 square feet, resulting in a price per square foot of $1,280.

Summary of transaction details

  • Property Type: SFR
  • Transaction Amount: $11,500,000
  • Address: 139 Highland Ave Unit 30A
  • Market: Santa Rosa Beach

The buyer in this transaction was represented by Tim Shepard from Destin Real Estate, while the seller was represented by Stroop Group from Go To The Beach Christie’s International Real Estate.

Players

Tim Shepard

Destin Real Estate

Broker

$11.5M

vol

1 deal

Broker

Santa Rosa Beach Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

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Deal FAQ

Santa Rosa Beach SFR bought a home in Santa Rosa Beach for $11.5M in 2020. The full closing is on this page.

About $1.3K per square foot on a published $11.5M for 8,985 square feet (2020).

Visit Destin Real Estate to view all their deals.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.38%

Cash-on-Cash

-0.39%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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