Updated Dec 21, 2023
David Silk Acquires SFR In Lantana For $4.5M
200 North Lake Drive, Lantana, Florida 33462, United States
$4,500,000
$1,126/SF
Building Size
3,996 SF
Asset Type
Single Family Residence
Closing
Jun 8, 2022
About this deal
AI
A single-family residence located at 200 N Lake Dr in Lantana has been sold for $4,500,000. The property spans 3,996 square feet, resulting in a price per square foot of $1,126. The sale was completed on June 9, 2022. The transaction was facilitated by Erin Omiatek from One Sotheby’s International Realty acting as the broker.
Summary of transation details
- Property Type: SFR
- Transaction Amount: $4,500,000
- Square Footage: 3,996
- Price per Square Foot: $1,126
- Date: June 9, 2022
- Address: 200 N Lake Dr, Lantana
- Market: Lantana
David Silk purchased the property from Steve Gantz. Erin Omiatek from One Sotheby’s International Realty represented both the buyer and the seller in this transaction.
Lantana Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $1.1K per square foot on a published $4.5M for 3,996 square feet (2022).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.53%
Cash-on-Cash
-1.01%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93