Updated Sep 9, 2024
Gulf Coast International Properties Brokers Sell Naples Single-Family Property For $36M
Naples, Florida, United States
$36,000,000
$5,142/SF
Building Size
7,000 SF
Asset Type
Single Family Residence
Closing
Apr 5, 2022
About this deal
AI
A single-family property located in Naples, with a total land area of 1.5 acres, has been sold. The transaction was facilitated by brokers Andrew Arreola and Tayor Canada from Gulf Coast International Properties. The property spans 7,000 square feet and was sold for a price of $36,000,000, resulting in a per square foot price of $5,143.
Summary of transaction details
- Property Type: Single-Family
- Transaction Amount: $36,000,000
- Acres: 1.5
- Market: Naples
Andrew Arreola and Tayor Canada, representing Gulf Coast International Properties, successfully facilitated the sale of the property. Their expertise and negotiation skills contributed to the completion of the transaction.
On the Map
$36,000,000
$5,142/SF
Single Family Residence
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Players
Naples 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
0.44%
Cash-on-Cash
-0.13%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93