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801 South Poinsettia Drive,...

Jerry Britt Of 365 Property Partners Acquires SFR In Tampa From Seller Andre Castro
SOLDSingle Family Residence

Jerry Britt Of 365 Property Partners Acquires SFR In Tampa From Seller Andre Castro

801 South Poinsettia Drive, Tampa, FL 33609

$1,010,000

$204/SF

Building Size

4,930 SF

Asset Type

Single Family Residence

Closing

Oct 15, 2021

AI

Located in Tampa, the property at 801 S Poinsettia Drive recently changed hands in a sale transaction. The single-family residential property, spanning approximately 4,930 square feet, was sold for a sale price of $1,010,000. The property is situated in a market with strong demand for residential real estate.

Summary of transaction details

  • Property Type: Single-Family Residential
  • Transaction Amount: $1,010,000
  • Date: October 15, 2021
  • Address: 801 S Poinsettia Drive
  • Market: Tampa

Jerry Britt, represented by 365 Property Partners, acted as the buyer in the transaction. The seller was Andre Castro. Kevin Lee, from LuCapital Management, served as the broker facilitating the deal. The lenders involved in the transaction were Caleb Delgado and David Clemens from DKC Lending.

Players

Kevin Lee

Broker

$11.2M

vol

6 deals

Broker

Jerry Britt

365 Property Partners

Buyer

$2.3M

vol

2 deals

Buyer

Andre Castro

Seller

$2.1M

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

15.71%

Cash-on-Cash

-4.49%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93