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801 South Poinsettia Drive,...

Adam Danner Acquires SFR In Tampa For $1.245M
SOLDSingle Family Residence

Adam Danner Acquires SFR In Tampa For $1.245M

801 South Poinsettia Drive, Tampa, FL, USA

$1,245,000

$252/SF

Building Size

4,930 SF

Asset Type

Single Family Residence

Closing

Nov 11, 2021

AI

The property involved in this transaction is a single-family home located at 801 S Poinsettia Drive in Tampa. The sale took place on 11/12/2021 with an asking price and sale price of $1,245,000. The property has a total square footage of 4,930, resulting in a price per square foot of $253.

Summary of transaction details

  • Property Type: SFR
  • Transaction Amount: $1,245,000
  • Market: Tampa
  • Buyer: Adam Danner
  • Seller: Jerry Britt - 365 Property Partners
  • Brokers: Kevin Lee – LuCapital Management; Kai Ozkul - Keller Williams South Tampa
  • Lender: David Clemens & Caleb Delgado - DKC Lending

The deal also involved several key individuals and companies. Kevin Lee from LuCapital Management and Kai Ozkul from Keller Williams South Tampa represented the buyer and seller, respectively. The lending was provided by David Clemens and Caleb Delgado from DKC Lending.

Players

Kevin Lee

Broker

$11.2M

vol

6 deals

Broker

Jerry Britt

365 Property Partners

Seller

$2.3M

vol

2 deals

Seller

Tampa 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

12.74%

Cash-on-Cash

-3.64%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93