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456 Mariner Drive

456 Mariner Corp Acquires Single Family Home In Jupiter For $9.6M
SOLDSingle Family Residence

456 Mariner Corp Acquires Single Family Home In Jupiter For $9.6M

456 Mariner Drive

$9,600,000

$1,054/SF

Building Size

9,101 SF

Asset Type

Single Family Residence

Closing

Sep 21, 2023

AI

The property involved in this transaction is a single-family home located at 456 Mariner Drive in Admirals Cove, Jupiter. The property spans a total of 9,101 square feet and was sold for $9,600,000, resulting in a price per square foot of $1,055.

Summary of transaction details:

  • Property Type: Single Family
  • Transaction Amount: $9,600,000
  • Address: 456 Mariner Drive - Admirals Cove, Jupiter
  • Market: Jupiter

The buyer of the property is 456 Mariner Corp with Dino Liso as the representative. The seller is MCFT Investments, represented by Joe McKinney. The seller's representative is Donna Hutchins from Douglas Elliman, while the buyer's representative is James Lawrence from Preferred Residential Properties.

Players

Donna Hutchins

Douglas Elliman

Broker

$184M

vol

7 deals

Broker

Joe McKinney

Seller

$105.9M

vol

4 deals

Seller

Jupiter 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

1.65%

Cash-on-Cash

-0.47%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93