Updated Oct 29, 2024
Richard & Geri Ann Bradley Acquire Country Club Shores Home From KCDC Properties For $5.25M
560 Putter Lane
$5,250,000
$1,219/SF
Building Size
4,304 SF
Asset Type
Single Family Residence
Closing
Aug 28, 2023
About this deal
AI
KCDC Properties LLC has sold a 4-bedroom, 4.5-bath home with a pool located at 560 Putter Lane in Country Club Shores, Longboat Key. The property, built in 2018, spans a total of 4,304 square feet of living area. It was recently purchased by Richard and Geri Ann Bradley for an impressive sale price of $5.25 million, marking a significant increase from its previous sale price of $2,995,000 in 2019.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $5,250,000
- Property Address: 560 Putter Lane, Longboat Key
- Market: Longboat Key
- Acres: 0.27
The buyer, Richard and Geri Ann Bradley, are the new owners of the property. They were represented by Kimberly Dunn and Christopher Hunt from Hunt Brothers Realty, Inc. On the other hand, KCDC Properties LLC, the seller, was represented by Uli Wills from Wills Real EstateLLC in this transaction.
On the Map
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Market 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
3.02%
Cash-on-Cash
-0.86%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93