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Derek Jeter Sells Single Family Property In Tampa For $22.5M

Property Image
SOLD
$22,519,433
Stephen Gay
Katherine (Katie) Glaser
+ 1

Florida

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Single Family Residence21,796 SF
Sold
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Property Image
SOLD

Derek Jeter Sells Single Family Property In Tampa For $22.5M

58 Bahama Circle, Tampa, FL 33606

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Single Family Residence21,796 SF
Sold
Stephen Gay
Katherine (Katie) Glaser
+ 1
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Summary

FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$1033
Total Square Footage:21796 SF
Transaction Type:Sale

Derek Jeter's single-family home located at 58 Bahama Cir in Tampa recently sold for $22,519,433. The property spans across 21,796 square feet, resulting in a price per square foot of $1,033. The transaction took place on May 14, 2021.

Summary of transaction details

  • Property Type: Single Family
  • Transaction Amount: $22,519,433
  • Square Footage: 21,796
  • Price per Square Foot: $1,033
  • Address: 58 Bahama Cir, Tampa

Representing the seller in this deal were Stephen Gay and Katherine Glaser from Smith & Associates Real Estate. Toni Everett, from The Toni Everett Company, acted as the buyer's representative.

Players

1 deal$22.5M volume
BROKER


Katherine (Katie) Glaser
Smith & Associates Real Estate
1 deal$22.5M volume
BROKER

Details

SOLD
IMAGE: Derek Jeter DATE: 05/14/2021 ADDRESS: 58 Bahama Cir MARKET: Tampa ASSET TYPE: Single Family SELLER: Derek Jeter BUYER'S REP: Toni Everett - The Toni Everett Company SELLER'S REP: Stephen Gay & Katherine Glaser - Smith & Associates Real Estate SALE PRICE: $22,519,433 SF: 21,796 ~ PPSF: $1,033

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

$1,201,036.42

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$80,006.79
Cash-on-Cash Return-1.27%
Monthly Debt Service$106,753.60
Annual Debt Service$1,281,043.22