Anthony Marlowe Purchases Single Family Home From Christy Thompson Dos Hermanas For $15.6M
SOLD
$15,600,000
Florida
See Similar DealsSingle Family Residence15,000 SF
Sold 10/04/2024
SOLD
Anthony Marlowe Purchases Single Family Home From Christy Thompson Dos Hermanas For $15.6M
3090 South Ocean Boulevard
See Similar DealsSingle Family Residence15,000 SF
Sold 10/04/2024
Summary
FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$1,040
Total Square Footage:15,000 SF
Transaction Type:Sale
The property asset involved in the transaction is a single-family home located at 3090 South Ocean Boulevard in Manalapan. The sale price of the property was $15,600,000, encompassing a total square footage of 15,000, which translates to a price per square foot of $1,040.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $15,600,000
- Address: 3090 South Ocean Boulevard
- Market: Manalapan
- Buyer: Anthony Marlowe
- Seller: Christy Thompson - Dos Hermanas
- Brokers: Madison Collum & Sandra Tagliamonte - Sotheby's International Realty
The deal was facilitated by the brokerage team of Madison Collum and Sandra Tagliamonte, who represented the seller, Christy Thompson - Dos Hermanas, in this transaction.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$832,000.01
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$55,423.50
Cash-on-Cash Return-1.27%
Monthly Debt Service$73,951.96
Annual Debt Service$887,423.50
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