Updated Oct 28, 2024
Lan Sielbeck Jr. Acquires Single Family Residence In Amelia Island, FL For $13.35M
43 Ocean Club Dr, Amelia Island, FL 32034
$13,350,000
$1,166/SF
Building Size
11,445 SF
Asset Type
Single Family Residence
Closing
Oct 16, 2022
About this deal
AI
A single family property located at 43 Ocean Club Drive in Amelia Island, FL has been sold in a closed transaction. The property spans 11,445 square feet and was sold for a total price of $13,350,000, translating to a price per square foot of $1,166.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $13,350,000
- Square Footage: 11,445
- Address: 43 Ocean Club Drive, Amelia Island, FL
- Market: Amelia Island, FL
The buyer of the property is Ian Sielbeck Jr. from Safe Network Solutions, while the sellers are Viorica-Ioana Weldon and Thomas D. Weldon from Ponce de Leon Health. The deal was facilitated by brokers James Miller and Joe Cutajar from One Sotheby's International Realty.
Miami Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $1.2K per square foot on a published $13.4M for 11,445 square feet (2022).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.19%
Cash-on-Cash
-0.34%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93