Updated Oct 29, 2024
Indian Creek Surfside Holdings LLC Acquires SFR In Indian Creek For $27.9M
29 Indian Creek Island Road, Indian Creek, FL, USA
$27,900,000
$6,492/SF
Building Size
4,297 SF
Asset Type
Single Family Residence
Closing
Feb 28, 2021
About this deal
AI
Indian Creek Surfside Holdings LLC has acquired a single-family home located at 29 Indian Creek Island Road in Indian Creek. The property, a 4,297-square-foot residence, was sold by Barbara & Gary Siegler. The transaction, facilitated by Dina Goldentayer of Douglas Elliman, had a sale price of $27,900,000. The property sits on a vast 1.2-acre lot.
Summary of transaction details
- Property Type: Single-Family Home
- Transaction Amount: $27,900,000
- Address: 29 Indian Creek Island Road
- Market: Indian Creek
- Buyer: Indian Creek Surfside Holdings LLC
- Seller: Barbara & Gary Siegler
- Broker: Dina Goldentayer - Douglas Elliman
- Square Footage: 4,297
- Price per Square Foot: $6,493
- Lot Size: 1.2 acres
The acquisition of 29 Indian Creek Island Road was made possible through the representation of Dina Goldentayer from Douglas Elliman. This sale highlights the value of properties in Indian Creek and the continued high demand for luxury residences in the area.
Indian Creek Village 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
0.57%
Cash-on-Cash
-0.16%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93