Updated Dec 21, 2023
Nayana Vyas I Acquires Saint Petersburg Single Family Home For $8.2M
2701 Sunset Way, St. Pete Beach, FL, USA
$8,200,000
$873/SF
Building Size
9,393 SF
Asset Type
Single Family Residence
Closing
Oct 31, 2021
About this deal
AI
The single-family property located at 2701 Sunset Way in Saint Petersburg, FL was sold on November 1, 2021. The property spans 9,393 square feet and was sold for a price of $8,200,000, resulting in a price per square foot of $873. The buyer of the property was Nayana Vyas I and the seller was Richard W Cope.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $8,200,000
- Square Footage: 9,393
- Price Per Square Foot: $873
- Buyer: Nayana Vyas I
- Seller: Richard W Cope
There were no additional details provided about the deal or the individuals involved in the transaction.
Players
St Pete Beach Single Family Residence Market Snapshot
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.93%
Cash-on-Cash
-0.55%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93