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.
On the Map
$13,000,000
$1,625,000/SF
Single Family Residence
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Saint Petersburg Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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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