facebook

traded

+ Submit
Home

/

Deals

/

Florida

/

Single Family Residence

/

Sale

/

185 Island Drive, Jupiter, ...

Kimberly Willen Acquires Single Family Property In Jupiter For $8.5M
SOLDSingle Family Residence

Kimberly Willen Acquires Single Family Property In Jupiter For $8.5M

185 Island Drive, Jupiter, Florida 33477, United States

$8,500,000

$2,575/SF

Building Size

3,300 SF

Asset Type

Single Family Residence

Closing

Oct 27, 2022

AI

The property located at 185 Island Drive in Jupiter was recently sold in a closed transaction. The single-family home sits on approximately 0.5 acres of land.

Summary of transation details

  • Property Type: Single Family
  • Transaction Amount: $8,500,000
  • Address: 185 Island Drive, Jupiter
  • Market: Jupiter
  • Approximate Acreage: 0.5 acres

Kimberly Willen and Joseph Willen of Advantage Title were the buyers of the property. They were represented by their broker, Thomas Frankel from Admirals Cove Realty. The sellers, Tina Meshberger and Walter Hlawitschka, were represented by Lori Schacter from Illustrated Properties.

The property spans approximately 3,300 square feet and was sold at a price of $8,500,000, resulting in a price per square foot of $2,576.

Players

Thomas Frankel

Admirals Cove Realty

Broker

$65.8M

vol

7 deals

Broker

Jupiter Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.87%

Cash-on-Cash

-0.53%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93