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171 Commodore Dr, Jupiter, ...

Valerie & Mark Seelig Acquire SFR In Admiral Cove, Jupiter For $7.1M
SOLDSingle Family Residence

Valerie & Mark Seelig Acquire SFR In Admiral Cove, Jupiter For $7.1M

171 Commodore Dr, Jupiter, FL 33477, USA

$7,100,000

$108/SF

Building Size

65,330 SF

Asset Type

Single Family Residence

Closing

Jun 23, 2020

AI

A single-family residential property located at 171 Commodore Drive in Admiral Cove, Jupiter has been sold for $7,100,000. The property spans across 6,533 square feet, equating to a price per square foot of $1,086.

Summary of transaction details

  • Property Type: SFR
  • Transaction Amount: $7,100,000
  • Square Footage: 6,533
  • Price per Square Foot: $1,086
  • Address: 171 Commodore Drive, Admiral Cove, Jupiter

The buyers of the property are Valerie and Mark Seelig, represented by MSF. The sellers are Julie and Joseph Lashinger. The deal was facilitated by Rob Thomson from Waterfront Properties & Club Communities and Thomas Frankel from Admirals Cove Realty.

Players

Robert Thomson

Waterfront Properties and Club Communities

Broker

$262.9M

vol

23 deals

Broker

Mark Seelig

Buyer

$18.1M

vol

2 deals

Buyer

Jupiter 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

2.23%

Cash-on-Cash

-0.64%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93