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.
Miami 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
4.81%
Cash-on-Cash
-1.37%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93