Juan Herman Sells Single Family Home At Lot 7 Rockwell Island For $4 Million
Bimini Lane
$4,000,000
$615/SF
Building Size
6,501 SF
Asset Type
Single Family Residence
Closing
Jul 16, 2025
AI
The property asset involved in this transaction is located at Lot 7 Rockwell Island, UNIT 2407 in the Bimini Island Bahamas market. It is classified as a single-family home and features a total square footage of 6,501. The transaction was completed at a sale price of $4,000,000, which breaks down to a price per square foot (PPSF) of $615.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $4,000,000
- Square Footage: 6,501
- Price Per Square Foot: $615
- Address: Lot 7 Rockwell Island, UNIT 2407
- Market: Bimini Island Bahamas
- Seller: Juan Herman
- Brokers: Brad Cozza - Cozza Investment Group; Wendy Sanchez - Charles Rutenberg Realty
The deal was facilitated by brokers Brad Cozza and Wendy Sanchez, representing Cozza Investment Group and Charles Rutenberg Realty respectively. They played crucial roles in the successful transaction of this unique property on Rockwell Island.
Players
Punta Gorda 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
3.97%
Cash-on-Cash
-1.13%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93