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23 Ocean Dr, Jupiter, FL 33...

Updated Oct 29, 2024

Island Time Properties Facilitates $5.2M SFR Sale In Jupiter With Buyer's Rep From Douglas Elliman
SOLDSingle Family Residence

Island Time Properties Facilitates $5.2M SFR Sale In Jupiter With Buyer's Rep From Douglas Elliman

23 Ocean Dr, Jupiter, FL 33469, USA

$5,200,000

$104/SF

Building Size

50,000 SF

Asset Type

Single Family Residence

Closing

Aug 17, 2020

About this deal

AI

The property at 23 Ocean Drive in Jupiter has been sold in a closed transaction. This single-family residential property spans 5,000 square feet and was sold for a price of $5,200,000, resulting in a price per square foot of $1,040.

Summary of transaction details

  • Property Type: SFR
  • Transaction Amount: $5,200,000
  • Address: 23 Ocean Drive, Jupiter
  • Market: Jupiter

The seller of the property was Anastasia & Theodore Manziaris, who are associated with GP8 Oxygen Water. Representing the seller in this deal was Alexander Bondar from Island Time Properties. On the buyer's side, Marie Rosner from Douglas Elliman served as the buyer's representative.

Players

Marie Rosner

Douglas Elliman

Broker

$5.2M

vol

1 deal

Broker

Jupiter Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

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Deal FAQ

About $104 per square foot on a published $5.2M for 50,000 square feet (2020).

Visit Douglas Elliman to view all their deals.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

3.05%

Cash-on-Cash

-0.87%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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