Updated Jul 1, 2026
Tide Homes Sells Single Family Home In St. Petersburg For $5,300,000 With Alex Malagon As Seller's Rep
2081 Michigan Avenue Northeast
$5,300,000
$864/SF
Building Size
6,132 SF
Asset Type
Single Family Residence
Closing
Jun 19, 2026
About this deal
AI
The property asset involved in this transaction is a Single Family home located at 2081 Michigan Avenue Northeast in St. Petersburg. The sale price for the property was $5,300,000, and it encompasses a total area of 6,132 square feet, translating to a price per square foot of $864.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $5,300,000
- Address: 2081 Michigan Avenue Northeast
- Market: St. Petersburg
- Seller: Tide Homes
- Seller's Representative: Alex Malagon - Re/Max
- Square Feet: 6,132
- Price Per Square Foot: $864
Representing the seller in this transaction was Alex Malagon from Re/Max, ensuring the sale process was managed effectively for Tide Homes.
Players
Market Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $864 per square foot on a published $5.3M for 6,132 square feet (2026).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.99%
Cash-on-Cash
-0.86%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93