Updated Dec 21, 2023
Premier Sotheby's Realty Acquires SFR In Naples For $18.5M
700 Admiralty Parade, Naples, FL 34102, USA
$18,500,000
$2,421/SF
Building Size
7,640 SF
Asset Type
Single Family Residence
Closing
Oct 8, 2020
About this deal
AI
Located at 700 Admiralty Parade W., this SFR in Naples was recently sold for $18,500,000. With a total area of 7,640 square feet, the price per square foot comes out to be $2,421. The property is characterized by its impressive size and prime location.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $18,500,000
- Square Footage: 7,640
- Price per Square Foot: $2,421
- Address: 700 Admiralty Parade W.
- Market: Naples
In this transaction, Jane Darling from Premier Sotheby's Realty represented the buyer, while Toby Cloutier from London Bay Realty represented the seller. Their expertise and negotiation skills played a crucial role in the successful completion of the deal.
Players
Naples 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
0.86%
Cash-on-Cash
-0.25%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93