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3 Ocean Drive, Jupiter Inle...

Diane Gooch Acquires SFR In Jupiter Inlet Colony, FL For $15M
SOLDSingle Family Residence

Diane Gooch Acquires SFR In Jupiter Inlet Colony, FL For $15M

3 Ocean Drive, Jupiter Inlet Colony, Fl

$15,000,000

$2,759/SF

Building Size

5,436 SF

Asset Type

Single Family Residence

Closing

Mar 31, 2023

AI

A single-family residential (SFR) property located at 3 Ocean Drive in Jupiter Inlet Colony, FL, was recently sold for $15,000,000. The property spans over 5,436 square feet, resulting in a price per square foot of $2,759.

Summary of transaction details

  • Property Type: SFR
  • Transaction Amount: $15,000,000
  • Square Footage: 5,436
  • Price Per Square Foot: $2,759
  • Address: 3 Ocean Drive, Jupiter Inlet Colony, FL
  • Market: Jupiter Inlet Colony, FL

Diane Gooch acquired the property as the buyer, and the Elana J. Bolling Trust served as the seller. Representing Diane Gooch as the buyer's representative was Donna Hutchins from Douglas Elliman. On the seller's side, John P. Tracy from The Real Estate Consulting Group acted as the seller's representative in the transaction.

Players

Donna Hutchins

Douglas Elliman

Broker

$184M

vol

7 deals

Broker

Jupiter Inlet Colony 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

1.06%

Cash-on-Cash

-0.30%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93