Updated Sep 5, 2024
Berkshire Hathaway HomeService Acquires 0.43 Acre Single Family Property In St Petersburg For $13M
1761 Brightwaters Boulevard Northeast, St. Petersburg, Florida 33704, United States
$13,000,000
$1,625,000/SF
Building Size
8 SF
Asset Type
Single Family Residence
Closing
Dec 15, 2022
About this deal
AI
A single-family property located at 1761 Brightwaters Blvd NE in St Petersburg has been sold for $13,000,000. The property spans 8,773 square feet and is situated on 0.43 acres of land. The sale price per square foot was $1,482. The transaction took place on 12/15/2022.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $13,000,000
- Address: 1761 Brightwaters Blvd NE, St Petersburg
- Market: St Petersburg
- Acres: 0.43
The buyer's representative in this deal was Chad Ramsey from Berkshire Hathaway HomeService. The seller's representatives were Alexis Logan and Carol Fasick Joyce from Coldwell Banker Realty.
Players
Saint Petersburg Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $1.6M per square foot on a published $13M for 8 square feet (2022).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.22%
Cash-on-Cash
-0.35%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93