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405 Ponte Vedra Boulevard, ...

Updated Sep 9, 2024

John & Meghan Starling Acquire 405 Ponte Vedra Blvd Single Family In Ponte Vedra Beach For $8.6M
SOLDSingle Family Residence

John & Meghan Starling Acquire 405 Ponte Vedra Blvd Single Family In Ponte Vedra Beach For $8.6M

405 Ponte Vedra Boulevard, Ponte Vedra Beach, Florida 32082, United States

$8,600,000

$4,300,000/SF

Building Size

2 SF

Asset Type

Single Family Residence

Closing

Nov 20, 2022

About this deal

AI

Located in Ponte Vedra Beach, 405 Ponte Vedra Blvd is a single-family property with a lot size of 0.31 acres. This charming residence was recently sold on 11/20/2022, making it an attractive asset in the area. The transaction involved a purchase by John and Meghan Starling from the sellers, Nickolas Stam and Alixe Stamatogiannakis. The buyers were represented by Kim Martin-Fisher PA and Jennifer Martin Faulkner from Douglas Elliman, while Kathryn Hughes Johnson from RE/MAX Specialists PV represented the sellers. The property was sold for a total price of $8,600,000, with a square footage of 2,646 and a price per square foot of $3,250.

Summary of transaction details:

  • Property Type: Single Family
  • Transaction Amount: $8,600,000
  • Address: 405 Ponte Vedra Blvd
  • Market: Ponte Vedra Beach
  • Lot Size: 0.31 acres

In this deal, the buyers, John and Meghan Starling, showed keen interest in acquiring this property. On the other hand, the sellers, Nickolas Stam and Alixe Stamatogiannakis, were motivated to sell it. Kim Martin-Fisher PA and Jennifer Martin Faulkner, representing Douglas Elliman, provided valuable guidance to the buyers throughout the transaction. The sellers, on the other hand, were represented by Kathryn Hughes Johnson from RE/MAX Specialists PV. These individuals played crucial roles in ensuring a successful closing of the deal.

Players

Kim Martin-Fisher

Douglas Elliman

Broker

$35.4M

vol

3 deals

Broker

Ponte Vedra Beach Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

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Deal FAQ

About $4.3M per square foot on a published $8.6M for 2 square feet (2022).

Visit Kim Martin-Fisher to view all their deals.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.84%

Cash-on-Cash

-0.53%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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