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6700 Florida A1A #29 Fort P...

Jesse Curtis Acquires SFR In Hutchinson Island For $3.3M
SOLDSingle Family Residence

Jesse Curtis Acquires SFR In Hutchinson Island For $3.3M

6700 Florida A1A #29 Fort Pierce, FL 34949, USA

$3,300,000

$859/SF

Building Size

3,840 SF

Asset Type

Single Family Residence

Closing

May 22, 2023

AI

Located in Hutchinson Island, the property at 6700 Highway A1a Lot 29 has recently been sold in a closed transaction. The single-family residence spans across 3,840 square feet and boasts a sale price of $3,300,000, resulting in a price per square foot of $859.

Summary of transaction details

  • Property Type: SFR
  • Transaction Amount: $3,300,000
  • Address: 6700 Highway A1a Lot 29
  • Market: Hutchinson Island

The buyer, Jesse Curtis, successfully acquired the property from the seller, Frederic Bernstein. Representing both parties in the deal was Brad Cozza from Cozza Investment Group. This transaction highlights the involvement of these key individuals and the successful completion of the deal.

Players

Brad Cozza

Cozza Investment Group

Broker

$368.2M

vol

14 deals

Broker

Miami Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

4.81%

Cash-on-Cash

-1.37%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93