Updated Dec 21, 2023
Coldwell Banker Realty And Michael Saunders & Company Facilitate $7.5M SFR Sale On Longboat Key
6301 Gulf of Mexico Dr, Longboat Key, FL 34228, USA
$7,500,000
$96/SF
Building Size
78,130 SF
Asset Type
Single Family Residence
Closing
Sep 3, 2020
About this deal
AI
The property located at 6301 Gulf OF Mexico Drive in Longboat Key has been sold for a price of $7,500,000. This single-family residence (SFR) spans across a total area of 7,813 square feet, resulting in a price per square foot of $960. The transaction took place on September 4, 2020.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $7,500,000
- Address: 6301 Gulf OF Mexico Drive, Longboat Key
- Market: Longboat Key
- Square Footage: 7,813
- Price per Square Foot: $960
Judy Kepecz-Hays from Coldwell Banker Realty acted as the seller's representative in this transaction, while Ann Martin from Michael Saunders & Company represented the buyer.
On the Map
$7,500,000
$96/SF
Single Family Residence
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Players
Longboat Key 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
2.12%
Cash-on-Cash
-0.60%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93