Updated Dec 21, 2023
Joe Belz Of Compass Florida LLC Sells SFR Property In Naples For $4.5M
150 Central Ave, Naples, FL 34102, USA
$4,500,000
$1,377/SF
Building Size
3,268 SF
Asset Type
Single Family Residence
Closing
Jul 30, 2020
About this deal
AI
A single-family home located at 150 Central Avenue in Naples was recently sold for $4,500,000. The property spans 3,268 square feet, resulting in a price per square foot of $1,377. The transaction took place on July 31, 2020, and was represented by Joe Belz from Compass Florida LLC as the seller's representative and Glenn Thornhill from Waterfront Realty Group Inc as the buyer's representative.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $4,500,000
- Address: 150 Central Avenue
- Market: Naples
- SF: 3,268
- PPSF: $1,377
This successful deal showcased the expertise of Joe Belz from Compass Florida LLC, who represented the seller, and Glenn Thornhill from Waterfront Realty Group Inc, who represented the buyer. Their negotiation skills and industry knowledge played a crucial role in ensuring a smooth transaction for both parties involved.
Players
Naples 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
3.53%
Cash-on-Cash
-1.01%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93