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Jerald & Kathleen Anne Kamiel Acquire SFR In Sarasota For $8.05M

Property Image
SOLD
$8,050,000
Matt Buttner
Judy Kepecz-Hays

Florida

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Single Family Residence6,300 SF
Sold 02/22/2021
the dealplayerscompscontact
Property Image
SOLD

Jerald & Kathleen Anne Kamiel Acquire SFR In Sarasota For $8.05M

3500 Bayou Louise Lane, Sarasota, FL, USA

See Similar Deals
Single Family Residence6,300 SF
Sold 02/22/2021
Matt Buttner
Judy Kepecz-Hays
the dealplayerscompscontact
Contact now

Summary

FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$1,277
Total Square Footage:6,300 SF
Transaction Type:Sale

Located at 3500 Bayou Louise Lane in Sarasota, this Single Family Residential (SFR) property was recently sold for $8,050,000. The property spans an area of 6,300 square feet, resulting in a price per square foot of $1,278. The transaction took place on February 22, 2021.

Summary of transaction details

  • Property Type: Single Family Residential (SFR)
  • Transaction Amount: $8,050,000
  • Market: Sarasota

The buyers, Jerald & Kathleen Anne Kamiel, acquired the property from the sellers, Alok Sharma & Alisa Behne. Judy Kepecz-Hays from Coldwell Banker Realty represented the buyers in this transaction, while Matt Buttner from List Now Realty, LLC represented the sellers.

Players

Judy Kepecz-Hays
Coldwell Banker
Judy Kepecz-Hays
6 deals$78.8M volume
BROKER
Matt Buttner
Matt Buttner
1 deal$8.1M volume
BROKER

Details

SOLD
IMAGE: Matt Buttner, Judy Kepecz-Hays & Alok Sharma DATE: 02/22/2021 ADDRESS: 3500 Bayou Louise Lane MARKET: Sarasota ASSET TYPE: SFR BUYER: Jerald & Kathleen Anne Kamiel SELLER: Alok Sharma & Alisa Behne BUYER'S REP: Judy Kepecz-Hays - Coldwell Banker Realty SELLER'S REP: Matt Buttner - List Now Realty, LLC PRICE: $8,050,000 SF: 6,300 ~ PPSF: $1,278

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$429,333.32

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$28,599.96
Cash-on-Cash Return-1.27%
Monthly Debt Service$38,161.11
Annual Debt Service$457,933.28