Updated Nov 24, 2023
Liz Heinkel's Smith And Associates Sells Tierra Verde Single Family For $11.8M
1523 Oceanview Drive, Tierra Verde, Florida 33715, United States
$11,750,000
$1,305,555/SF
Building Size
9 SF
Asset Type
Single Family Residence
Closing
Dec 23, 2022
About this deal
AI
Located at 1523 Oceanview Drive in Tierra Verde, this single-family property was recently sold for a price of $11,750,000. The transaction took place on 12/23/2022 and was facilitated by Liz Heinkel of Smith and Associates. Spanning a total square footage of 9,463, the property was sold at an average price per square foot of $1,242.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $11,750,000
- Date: 12/23/2022
- Square Footage: 9,463
- Price per Square Foot: $1,242
- Seller's Representative: Liz Heinkel - Smith and Associates
- Market: Tierra Verde
This successful deal was completed with the assistance of Liz Heinkel, a representative from Smith and Associates. The property's location on Oceanview Drive in Tierra Verde adds to its appeal and value. The transaction highlights the expertise and professionalism of Liz Heinkel and the trusted reputation of Smith and Associates.
Players
Saint Petersburg Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $1.3M per square foot on a published $11.8M for 9 square feet (2022).
Browse Saint Petersburg single family residence sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.35%
Cash-on-Cash
-0.39%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93