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7000 Riverview Boulevard, B...

Alexandre & Josette Calame Acquire 5.16 Acre Single Family Property In Brandenton For $8.55M
SOLDSingle Family Residence

Alexandre & Josette Calame Acquire 5.16 Acre Single Family Property In Brandenton For $8.55M

7000 Riverview Boulevard, Bradenton, Florida 34209, United States

$8,550,000

$1,113/SF

Building Size

7,677 SF

Asset Type

Single Family Residence

Closing

Aug 18, 2022

AI

A single-family property with 5.16 acres of land located at 7000 Riverview Blvd in Brandenton has been sold for a total of $8,550,000. The property spans 7,677 square feet, resulting in a price per square foot of $1,114. The sale took place on August 19, 2022. The buyer of the property is Alexandre & Josette Calame, while the sellers are Sandra & H.L. "Penny" Robinson. The transaction was facilitated by brokers Michael & Laurel James from Michael Saunders & Co.

Summary of transaction details

  • Property Type: Single Family
  • Transaction Amount: $8,550,000
  • Address: 7000 Riverview Blvd
  • Market: Brandenton
  • Asset Type: Single Family
  • Acres: 5.16

Michael & Laurel James from Michael Saunders & Co. played a crucial role as brokers in the deal, representing both the buyers and sellers. This transaction marks a significant sale in the real estate market, and showcases the expertise and negotiation skills of the involved parties.

Players

Michael James

Michael Saunders & Company

Broker

$8.6M

vol

2 deals

Broker

Bradenton 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

1.86%

Cash-on-Cash

-0.53%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93