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Gulf Coast International Properties Sells Modern Home In Old Naples For $5.25M

Property Image
SOLD
$5,250,000
Anthony Caraballo
Vincent Napoleon

Florida

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Single Family Residence3,940 SF
Sold 06/08/2023
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Property Image
SOLD

Gulf Coast International Properties Sells Modern Home In Old Naples For $5.25M

654 Broad Ct S Naples, FL 34102, USA

See Similar Deals
Single Family Residence3,940 SF
Sold 06/08/2023
Anthony Caraballo
Vincent Napoleon
the dealplayerscompscontact
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Summary

FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$1,332
Total Square Footage:3,940 SF
Transaction Type:Sale

Gulf Coast International Properties has sold a modern 3,940 square foot home in Old Naples for $5,250,000. The property, located on a desirable street near the beach and luxury shopping districts, featured luxury amenities and was represented by GCIP agent Anthony Caraballo.

Summary of transaction details

  • Property Type: SFR
  • Transaction Amount: $5,250,000
  • Address: 654 Broad Court South
  • Market: Naples
  • Buyer's Rep: Anthony Caraballo - Gulf Coast International Properties
  • Seller's Rep: Vincent Napoleon - Coldwell Banker
  • Square Footage: 3,940
  • Price per Square Foot: $1,332

The successful sale of this property was facilitated by the buyer's representative, Anthony Caraballo from Gulf Coast International Properties, and the seller's representative, Vincent Napoleon from Coldwell Banker.

Players

Anthony Caraballo
Gulf Coast International Properties
Anthony Caraballo
1 deal$5.3M volume(239) 300-8112
BROKER
Vincent Napoleon
Coldwell Banker
Vincent Napoleon
1 deal$5.3M volume(239) 398-6336
BROKER

Details

SOLD
IMAGE: Vincent Napoleon & Anthony Caraballo DATE: 06/08/2023 ADDRESS: 654 Broad Court South MARKET: Naples ASSET TYPE: SFR ~ ACRES: 0.26 BUYER'S REP: Anthony Caraballo - Gulf Coast International Properties (@GCIPnaples) SELLER'S REP: Vincent Napoleon - Coldwell Banker (@ColdwellBanker) SALE PRICE: $5,250,000 SF: 3,940 ~ PPSF: $1,332 NOTE: Gulf Coast International Properties has sold a modern 3,940 square foot home in Old Naples for $5,250,000. The property, located on a desirable street near the beach and luxury shopping districts, featured luxury amenities and was represented by GCIP agent Anthony Caraballo.

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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