Gulf Coast International Prop Acquires SFR In Naples For $10.5M
860 Admiralty Parade, Naples, FL, USA
$10,500,000
$1,398/SF
Building Size
7,506 SF
Asset Type
Single Family Residence
Closing
Dec 21, 2020
AI
Located at 860 Admiralty Parade E., this single-family home in Naples was recently sold on December 22, 2020. The property, spanning 7,506 square feet, boasts an elegant design and luxurious features.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $10,500,000
- Price per Square Foot: $1,399
- Market: Naples
The buyer's representative in this deal was Taylor Canada from Gulf Coast International Prop. The seller's representatives were Richard Prebish and Thomas Campbell from William Raveis Real Estate. These professionals played integral roles in ensuring the successful completion of the transaction.
Players
Naples 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
1.51%
Cash-on-Cash
-0.43%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93