Indian Rocks Beach Single Family Home Sold For $6.9M With Andrew Tsunis As Buyer's Rep
SOLD
Florida
See Similar DealsSingle Family Residence4,148 SF
Sold 04/14/2022
SOLD
Indian Rocks Beach Single Family Home Sold For $6.9M With Andrew Tsunis As Buyer's Rep
Indian Rocks Beach, Florida, United States
See Similar DealsSingle Family Residence4,148 SF
Sold 04/14/2022
Summary
FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$1,663
Total Square Footage:4,148 SF
Transaction Type:Sale
A single-family home in Indian Rocks Beach has recently sold for $6,900,000. This property, with a total of 4,148 square feet, was sold at a price per square foot of $1,663.
Summary of Transaction Details:
- Property Type: Single Family
- Transaction Amount: $6,900,000
- Market: Indian Rocks Beach
Andrew Tsunis from Barkett Realty represented the buyer in this transaction, while Julie Folden from Coastal Properties Group International represented the seller.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$367,999.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$24,514.25
Cash-on-Cash Return-1.27%
Monthly Debt Service$32,709.52
Annual Debt Service$392,514.24
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