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
Bradenton 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
1.86%
Cash-on-Cash
-0.53%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93