Beach Park Tampa Waterfront SFR Sold For Record-Breaking $12.35M With Buyer's Rep Andre Kashou & Seller's Rep Jennifer Zales
42 Sandpiper Rd Tampa, FL 33609, USA
$12,350,000
$1,179/SF
Building Size
10,474 SF
Asset Type
Single Family Residence
Closing
Jul 11, 2023
AI
A Beach Park waterfront home in Tampa has been sold for a record-breaking $12.35 million, making it the largest sale in the Westshore area's history. The 10,474-square-foot property features seven bedrooms, luxurious amenities, and unique design elements.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $12,350,000
- Address: 42 Sandpiper Road, Tampa
- Market: Tampa
- Buyer's Representative: Andre Kashou - Smith & Associates
- Seller's Representative: Jennifer Zales - Coldwell Banker
The buyer was represented by Andre Kashou from Smith & Associates, while Jennifer Zales from Coldwell Banker acted as the seller's representative. This sale sets a new record for the Westshore area, highlighting the value and desirability of this beachfront property.
Players
Miami 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
1.28%
Cash-on-Cash
-0.37%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93