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Richard & Geri Ann Bradley Acquire Country Club Shores Home From KCDC Properties For $5.25M

Property Image
SOLD
$5,250,000
Kimberly Dunn
Christopher Hunt
Uli Wills
+ 1

Florida

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Single Family Residence4,304 SF
Sold 08/28/2023
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Property Image
SOLD

Richard & Geri Ann Bradley Acquire Country Club Shores Home From KCDC Properties For $5.25M

560 Putter Lane

See Similar Deals
Single Family Residence4,304 SF
Sold 08/28/2023
Kimberly Dunn
Christopher Hunt
Uli Wills
+ 1
the dealplayerscompscontact
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Summary

FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$1,219
Total Square Footage:4,304 SF
Transaction Type:Sale

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.

Players

Kimberly Dunn
Hunt Brothers Realty, Inc
Kimberly Dunn
1 deal$5.3M volume(941) 993-8693
BROKER
Christopher Hunt
Hunt Brothers Realty, Inc
Christopher Hunt
1 deal$5.3M volume(941) 388-7017
BROKER
Uli Wills
Uli Wills
1 deal$5.3M volume(941) 275-5154
BROKER
RB
Richard Bradley
2 deals$8.3M volume
BUYER

Details

SOLD
IMAGE: Uli Wills, Christopher Hunt, Ben Bentley & Kimberly Dunn DATE: 08/28/2023 ADDRESS: 560 Putter Lane MARKET: Longboat Key ASSET TYPE: SFR ~ ACRES: 0.27 BUYER: Richard & Geri Ann Bradley SELLER: KCDC Properties LLC - Ben Bentley BUYER'S REP: Kimberly Dunn & Christopher Hunt - Hunt Brothers Realty, Inc (@huntbrothersrealty) SELLER'S REP: Uli Wills - Wills Real Estate LLC SALE PRICE: $5,250,000 SF: 4,304 ~ PPSF: $1,220 NOTE: KCDC Properties LLC sold a 4-bedroom, 4.5-bath home with a pool at 560 Putter Lane in Country Club Shores to Richard and Geri Ann Bradley of Longboat Key for $5.25 million, a significant increase from its 2019 sale price of $2,995,000. The 2018-built property spans 4,304 square feet of living area.

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$280,000.01

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$18,652.13
Cash-on-Cash Return-1.27%
Monthly Debt Service$24,887.68
Annual Debt Service$298,652.14