Updated Dec 21, 2023
Ini Realty Investments Acquires SFR In Atlantic Beach For $6.7M
465 Beach Ave, Atlantic Beach, FL 32233, USA
$6,700,000
$961/SF
Building Size
6,972 SF
Asset Type
Single Family Residence
Closing
Jul 16, 2020
About this deal
AI
The property at 465 Beach Avenue in Atlantic Beach has been sold for $6,700,000. It is a single-family residence with a size of 6,972 square feet. The price per square foot is $961.
Summary of transaction details:
- Property Type: SFR
- Transaction Amount: $6,700,000
- Address: 465 Beach Avenue
- Market: Atlantic Beach
Justin Lott from Ini Realty Investments, Inc. represented the buyer in this transaction. The seller was represented by John Wolfel from John Wolfel Real Estate LLC.
The single family residence sale at 465 Beach Ave, Atlantic Beach, FL 32233, USA in Atlantic Beach, Florida sold for $6.7M in 2020. The building is 6,972 square feet, implying about 961 per square foot on the published price. Justin Lott, John Wolfel, EXP Realty appear on the sale alongside EXP Realty. This page is the Atlantic Beach, Florida file for the 465 Beach Ave, Atlantic Beach, FL 32233, USA single family residence sold: pricing, party profiles, and other closed single family residence comps from the same Atlantic Beach sit in the Market section below. Filter that Atlantic Beach single family residence set by closing date to see what else sold near 465 Beach Ave, Atlantic Beach, FL 32233, USA around 2020. Published consideration for 465 Beach Ave, Atlantic Beach, FL 32233, USA is $6.7M, dated 2020. Cite this Ini Realty Investments Acquires SFR In Atlantic Beach For $6.7M sale when underwriting similar single family residence product around Atlantic Beach, Florida.
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Atlantic Beach 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
2.37%
Cash-on-Cash
-0.68%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93