Updated Dec 21, 2023
Premier Sotheby’s International Realty Sells Single Family Home In Hideaway Beach, Marco Island For $11.9M
202 South Beach Drive, Marco Island, Florida 34145, United States
$11,875,000
$1,249/SF
Building Size
9,505 SF
Asset Type
Single Family Residence
Closing
Mar 25, 2022
About this deal
AI
A Single Family property located at 202 Beach Drive in Hideaway Beach, Marco Island recently sold. The transaction was facilitated by Cathy Rogers from Premier Sotheby’s International Realty. The sale took place on 03/26/2022.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $11,875,000
- Address: 202 Beach Drive
- Market: Hideaway Beach, Marco Island
- Square Footage: 9,505
- Price Per Square Foot: $1,249
The sale of this property represents a significant transaction in the local real estate market. Cathy Rogers from Premier Sotheby’s International Realty played a crucial role in facilitating the deal. The successful sale further highlights the expertise and professionalism of Cathy Rogers as a representative in the industry.
Marco Island Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.34%
Cash-on-Cash
-0.38%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93