facebook
Traded Co logo
Submit
Daily limit: 0/10

Waterfront Home In St. Petersburg's Shore Acres Neighborhood Sells For Record-Breaking $7.57M

Property Image
SOLD
$7,570,000

Florida

See Similar Deals
Single Family Residence6,828 SF
Sold 06/22/2023
the dealplayerscompscontact
Property Image
SOLD

Waterfront Home In St. Petersburg's Shore Acres Neighborhood Sells For Record-Breaking $7.57M

3801 Bayshore Blvd Ne St. Petersburg, Fl 33703, Usa

See Similar Deals
Single Family Residence6,828 SF
Sold 06/22/2023
the dealplayerscompscontact
Contact now

Summary

FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$1,108
Total Square Footage:6,828 SF
Transaction Type:Sale

A waterfront home in St. Petersburg's Shore Acres neighborhood has been sold for a record-breaking price of approximately $7.57 million. The property, located at 3801 Bayshore Boulevard Northeast, features five bedrooms and sits on a spacious lot measuring 0.35 acres. The luxurious home offers an array of impressive amenities, including a home theater, wine cellar, pool, and a newly constructed dock with dual boat lifts.

Summary of transaction details:

  • Property Type: Single Family Residential (SFR)
  • Transaction Amount: $7,570,000
  • Address: 3801 Bayshore Boulevard Northeast
  • Market: St. Petersburg
  • Lot Size: 0.35 acres

The buyers of this remarkable property are Lonnie Noble and Juliana Chugg. They have successfully acquired this waterfront home through the representation of Jennifer Zales from Coldwell Banker. Jennifer Zales played a crucial role as the broker in this transaction, ensuring a smooth and successful deal for her clients.

Players

Jennifer Zales
Coldwell Banker
Jennifer Zales
9 deals$78.3M volume(813) 758-3443
BROKER

Details

SOLD
IMAGE: Jennifer Zales DATE: 06/22/2023 ADDRESS: 3801 Bayshore Boulevard Northeast MARKET: St. Petersburg ASSET TYPE: SFR ~ ACRES: 0.35 BUYER: Lonnie Noble & Juliana Chugg BROKER: Jennifer Zales (@JenniferZalesRealEstate) - Coldwell Banker (@ColdwellBanker) SALE PRICE: $7,570,000 SF: 6,828 ~ PPSF: $1,109 NOTE: A waterfront home in St. Petersburg's Shore Acres neighborhood sold for a record-breaking price of approximately $7.57 million. The five-bedroom property boasts luxurious features including a home theater, wine cellar, pool, and a new dock with dual boat lifts.

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)

$403,733.33

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$26,894.62
Cash-on-Cash Return-1.27%
Monthly Debt Service$35,885.66
Annual Debt Service$430,627.94