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Nokomis, Florida, United St...

Reid Murphy Acquires Single-Family Property In Nokomis For $10.5M
SOLDSingle Family Residence

Reid Murphy Acquires Single-Family Property In Nokomis For $10.5M

Nokomis, Florida, United States

$10,500,000

Building Size

Asset Type

Single Family Residence

Closing

Apr 20, 2022

AI

A single-family property in Nokomis has recently been sold for $10,500,000. The sale took place on April 21, 2022. The property, showcased in an image by Reid Murphy & Courtney Green on Instagram, attracted attention in the market.

Summary of transaction details

  • Property Type: Single-Family
  • Transaction Amount: $10,500,000

The buyer in this transaction was represented by Reid Murphy from Developers Realty Inc, while the seller was represented by Courtney Green from Premier Sotheby's International Realty. Their expertise in the real estate industry played a crucial role in facilitating the successful completion of the deal.

Players

Reid Murphy

Broker

$43.3M

vol

3 deals

Broker

Nokomis 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

1.51%

Cash-on-Cash

-0.43%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93