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825 Longboat Club Rd, Longb...

Updated Dec 20, 2023

Louis Wery Of Premier Sotheby's International Realty Sells Longboat Key SFR For $10.5M
SOLDSingle Family Residence

Louis Wery Of Premier Sotheby's International Realty Sells Longboat Key SFR For $10.5M

825 Longboat Club Rd, Longboat Key, FL 34228, Estados Unidos

$10,500,000

$832/SF

Building Size

12,619 SF

Asset Type

Single Family Residence

Closing

Nov 8, 2020

About this deal

AI

Located in Longboat Key, the property at 825 Longboat Club Road has been sold for a price of $10,500,000. The single-family residence spans across 12,619 square feet, resulting in a price per square foot of $832. The sale took place on November 9, 2020, and was represented by Oliver McConnell from McConnell & Associates on behalf of the buyer, while Louis Wery from Premier Sotheby's International Realty represented the seller.

Summary of transaction details

  • Property Type: SFR
  • Transaction Amount: $10,500,000
  • SF: 12,619
  • PPSF: $832

Oliver McConnell, of McConnell & Associates, served as the buyer's representative in this transaction. On the seller's side, Louis Wery, of Premier Sotheby's International Realty, facilitated the sale. Both individuals played key roles in ensuring a successful outcome for their respective clients.

Players

Oliver McConnell

Broker

$10.5M

vol

1 deal

Broker
Sotheby's International Realty
Sotheby's International RealtyBrokerage

Longboat Key Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

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Deal FAQ

About $832 per square foot on a published $10.5M for 12,619 square feet (2020).

Visit Sotheby's International Realty to view all their deals.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.51%

Cash-on-Cash

-0.43%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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