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Sarasota Beachfront Property Sold For $13.95M With Buyer's Rep Natasha Shevchuk & Seller's Rep Charles Buky

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SOLD
$13,950,000
Charles Buky
Natasha Shevchuk

Florida

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Single Family Residence5,716 SF
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SOLD

Sarasota Beachfront Property Sold For $13.95M With Buyer's Rep Natasha Shevchuk & Seller's Rep Charles Buky

171 Whittier Drive

See Similar Deals
Single Family Residence5,716 SF
Sold
Charles Buky
Natasha Shevchuk
the dealplayerscompscontact
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Summary

FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$2440
Total Square Footage:5716 SF
Transaction Type:Sale

A Sarasota beachfront property located at 171 Whittier Drive has been sold for $13.95 million in an all-cash deal, making it the highest sale in Sarasota this year. The property is situated on 0.42 acres and features a five-bedroom estate with smart home features, an elevator, gourmet kitchen, outdoor kitchen, and a wine room.

Summary of transaction details

  • Property Type: Single-Family Residential (SFR)
  • Transaction Amount: $13,950,000
  • Address: 171 Whittier Drive
  • Market: Sarasota
  • Property Size: 0.42 acres

The buyer, represented by Natasha Shevchuk from 1st Premier International Properties, and the seller, represented by Charles Buky from Coldwell Banker Realty, successfully concluded the deal. This transaction marks a significant milestone in the Sarasota real estate market, showcasing the demand for high-end properties in the area.

Players

Charles Buky
Coldwell Banker
Charles Buky
2 deals$30M volume
BROKER
Natasha Shevchuk
1st Premier International Properties
Natasha Shevchuk
1 deal$14M volume(941) 961-0578
BROKER

Details

SOLD
IMAGE: Natasha Shevchuk & Charles Buky DATE: 09/12/2023 ADDRESS: 171 Whittier Drive MARKET: Sarasota ASSET TYPE: SFR ~ ACRES: 0.42 BUYER'S REP: Natasha Shevchuk - 1st Premier International Properties SELLER'S REP: Charles Buky (@charlesbuky) - Coldwell Banker Realty (@coldwellbanker) SALE PRICE: $13,950,000 SF: 5,716 ~ PPSF: $2,441 NOTE: A Sarasota beachfront property at 171 Whittier Drive was sold for $13.95 million in an all-cash deal, the highest sale in Sarasota this year. The five-bedroom estate includes smart home features, an elevator, gourmet kitchen, outdoor kitchen, and a wine room.

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$744,000.00

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$49,561.40
Cash-on-Cash Return-1.27%
Monthly Debt Service$66,130.12
Annual Debt Service$793,561.40