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Babe Rizzuto Acquires Jupiter Single Family Property For $35.5M

Property Image
SOLD
$35,500,000
Milla Russo
Andrew Russo
RS

Florida

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Single Family Residence11 SF
Sold 10/08/2022
the dealplayerscompscontact
Property Image
SOLD

Babe Rizzuto Acquires Jupiter Single Family Property For $35.5M

Single Family Residence11 SF
Sold 10/08/2022
Milla Russo
Andrew Russo
RS
the dealplayerscompscontact
Contact now

Summary

Asset Type:Single Family Residence
Price Per Square Foot:$3,227,272
Total Square Footage:11 SF
Transaction Type:Sale

Located in Jupiter, this single-family property sits on a spacious 2.3-acre lot. The property was recently sold on 08/10/2022. The transaction was closed for a sale price of $35,500,000, with a selling price per square foot of $3,227. The property spans over 11,000 square feet.

Summary of transaction details

  • Property Type: Single Family
  • Transaction Amount: $35,500,000
  • Acres: 2.3

The buyer of this property is Babe Rizzuto, the heir of Conair. Represented by Andrew Russo from Illustrated Properties, Babe Rizzuto successfully acquired this home from Lesley and Robert Stone. Milla Russo, also from Russo Group - Illustrated Properties, represented the sellers in the transaction.

Players

Andrew Russo
Illustrated Properties Real Estate
Andrew Russo
4 deals$62.8M volume
BROKER
Milla Russo
Illustrated Properties Real Estate
Milla Russo
3 deals$64.2M volume
BROKER
RS
Robert Stone
2 deals$425.5M volume
SELLER

Details

SOLD
IMAGE: Milla Russo, Andrew Russo & Babe Rizzuto DATE: 08/10/2022 MARKET: Jupiter ASSET TYPE: Single Family ~ ACRES: 2.3 BUYER: Babe Rizzuto - Heir of @Conair SELLER: Lesley & Robert Stone BUYER'S REP: Andrew Russo - Illustrated Properties SELLER'S REP: Milla Russo - Russo Group - Illustrated Properties SALE PRICE: $35,500,000 SF: 11,000 ~ PPSF: $3,227

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$126,124.00
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