Coldwell Banker Realty Acquires SFR In Sarasota For $11M
139 South Washington Drive, Sarasota, FL, USA
$11,000,000
$1,407/SF
Building Size
7,817 SF
Asset Type
Single Family Residence
Closing
Dec 29, 2020
AI
A single-family residence located at 139 S. Washington Drive in Sarasota was recently sold for $11,000,000. The property spans 7,817 square feet, resulting in a price per square foot of $1,407. The transaction took place on December 30, 2020.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $11,000,000
- Address: 139 S. Washington Drive
- Market: Sarasota
The buyer of the property was represented by Judy Kepecz-Hays from Coldwell Banker Realty, while Lisa Morris from Premier Sotheby's International Realty acted as the seller's representative in the deal.
Players
Sarasota 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
1.44%
Cash-on-Cash
-0.41%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93