Updated Sep 5, 2024
Blake Bortles Sells Ponte Vedra Beach Home For $5M Through Justin Dalrymple - Mainframe Real Estate
185 Admirals Way S Ponte Vedra Beach, FL 32082, USA
$5,000,000
$755/SF
Building Size
6,622 SF
Asset Type
Single Family Residence
Closing
Apr 28, 2023
About this deal
AI
The 6,622-square-foot house located at 185 Admirals Way South in Ponte Vedra Beach has been sold for $5 million. The property features six bedrooms, water frontage, boat slips, a pool, and a home theater.
Summary of transaction details:
- Property Type: Single Family Residential (SFR)
- Transaction Amount: $5,000,000
- Address: 185 Admirals Way South
- Market: Ponte Vedra Beach
- Square Footage: 6,622
- Buyer: Donald & Rachel Hune
- Seller: Blake Bortles
- Broker: Justin Dalrymple - Mainframe Real Estate
Former Jacksonville Jaguars quarterback Blake Bortles sold his Ponte Vedra Beach home to buyers Donald & Rachel Hune. The transaction was facilitated by broker Justin Dalrymple from Mainframe Real Estate. Bortles had retired in October 2022 after playing for the Jaguars from 2014 to 2018.
Miami Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $755 per square foot on a published $5M for 6,622 square feet (2023).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.17%
Cash-on-Cash
-0.91%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93