Updated Dec 21, 2023
Premier Sotheby's Int'l Realty Acquires Sanibel SFR For $6.25M
3441 W Gulf Dr, Sanibel, FL 33957, USA
$6,250,000
$1,059/SF
Building Size
5,900 SF
Asset Type
Single Family Residence
Closing
Aug 16, 2020
About this deal
AI
The Sanibel property at 3441 W Gulf Dr has been sold for $6,250,000. This single-family home measures 5,900 square feet, resulting in a price per square foot of $1,059. The transaction took place on August 17, 2020.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $6,250,000
- Address: 3441 W Gulf Dr
- Market: Sanibel
- Seller's Representative: Kara Stone - Plus Realty
- Buyer's Representative: Jeffrey Burns - Premier Sotheby’s Int’l Realty
Kara Stone from Plus Realty represented the seller in this transaction, while Jeffrey Burns from Premier Sotheby's International Realty represented the buyer.
Players
Sanibel 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
2.54%
Cash-on-Cash
-0.73%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93