facebook
Traded Co logo
Submit

Estee Sausville Acquires Single Family Property In Gulf Stream For $27.5M

Property Image
SOLD
$27,500,000

Florida

See Similar Deals
Single Family Residence6,117 SF
Sold 06/01/2022
the dealplayerscompscontact
Property Image
SOLD

Estee Sausville Acquires Single Family Property In Gulf Stream For $27.5M

3565 North Ocean Boulevard

See Similar Deals
Single Family Residence6,117 SF
Sold 06/01/2022
Contact now

Summary

FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$4,495
Total Square Footage:6,117 SF
Transaction Type:Sale

Located at 3565 North Ocean Boulevard in Gulf Stream, this single-family property encompasses 0.8 acres. The property was sold on June 2, 2022, with a sale price of $27,500,000. The 6,117 square feet of space translates to a price per square foot of $4,496.

Summary of transaction details

  • Property Type: Single Family
  • Transaction Amount: $27,500,000
  • Market: Gulf Stream
  • Address: 3565 North Ocean Boulevard
  • Acres: 0.8

The buyer, Estee Sausville, represented by Mitch Frank of Echo Fine Properties, acquired the property. The seller, Kimberly Caccavo from Face Your Grace, and James Caccavo from Steelpoint Capital Partners, completed the transaction. James Sausville captured an image of the property.

Players

Mitch Frank
1 deal$27.5M volume
BROKER

Details

SOLD
IMAGE: James Sausville DATE: 06/02/2022 ADDRESS: 3565 North Ocean Boulevard MARKET: Gulf Stream ASSET TYPE: Single Family ~ ACRES: 0.8 BUYER: Estee Sausville; James Sausville - J&K Ingredients SELLER: Kimberly Caccavo - Face Your Grace (@FaceYourGrace); James Caccavo - Steelpoint Capital Partners BUYER'S REP: Mitch Frank - Echo Fine Properties (@EchoFineProperties) SALE PRICE: $27,500,000 SF: 6,117 ~ PPSF: $4,496

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$1,466,666.66

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$97,701.70
Cash-on-Cash Return-1.27%
Monthly Debt Service$130,364.03
Annual Debt Service$1,564,368.36