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Bimini Lane

Juan Herman Sells Single Family Home At Lot 7 Rockwell Island For $4 Million
SOLDSingle Family Residence

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

Wendy Sanchez

Charles Rutenberg Realty

Broker

$55.1M

vol

13 deals

Broker
Cozza Investment Group
Cozza Investment GroupBrokerage

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