Updated Oct 28, 2024
Rivage Investment Acquires Single Family Property In Tierra Verde
1997 Oceanview Drive, Tierra Verde, Florida 33715, United States
$9,950,000
$971/SF
Building Size
10,238 SF
Asset Type
Single Family Residence
Closing
May 26, 2022
About this deal
AI
A single-family home located at 1997 Oceanview Dr in Tierra Verde has been sold in a recent transaction. The property features an ocean view and is situated in a desirable location. The sale of this property was completed on 05/27/2022.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: Not specified
- Address: 1997 Oceanview Dr, Tierra Verde
- Market: Tierra Verde
Rivage Investment has acquired the property, buying it from the seller, Monica Payraudeau. The buyer was represented by Robyn Gunn from Premier Sotheby’s International Realty. On the other hand, Dania Perry from Century 21 acted as the seller's representative.
On the Map
$9,950,000
$971/SF
Single Family Residence
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Players
Saint Petersburg Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $971 per square foot on a published $10M for 10,238 square feet (2022).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.59%
Cash-on-Cash
-0.46%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93