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Parkland

Updated Sep 5, 2024

Kevin Hunter Lists Parkland SFR For $1.3M Amid Alimony Battle
SOLDSingle Family Residence

Kevin Hunter Lists Parkland SFR For $1.3M Amid Alimony Battle

Parkland

$1,299,000

$379/SF

Building Size

3,425 SF

Asset Type

Single Family Residence

Closing

Jul 10, 2023

About this deal

AI

A 5-bedroom single-family home located in Parkland, Florida is under contract for sale. The property, owned by Kevin Hunter, was purchased in 2020 for $795,000. It is now listed for $1.3 million, marking a significant increase in value. With a total square footage of 3,425, the home is priced at approximately $379 per square foot.

Summary of transaction details

  • Property Type: Single-Family Home
  • Transaction Amount: $1,299,000
  • Market: Parkland
  • Square Footage: 3,425
  • Price per Square Foot: $379

A notable aspect of this transaction is that Kevin Hunter, the seller, is the ex-husband of Wendy Williams. Hunter is selling the property after losing a court battle over alimony payments. Representing him in this deal is Grace Dieterich from Coldwell Banker. The involvement of these individuals adds an intriguing dimension to the sale of this property.

Players

Grace Dieterich

Coldwell Banker

Broker

$1.3M

vol

1 deal

Broker

Miami Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

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Deal FAQ

About $379 per square foot on a published $1.3M for 3,425 square feet (2023).

Visit Coldwell Banker to view all their deals.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

12.21%

Cash-on-Cash

-3.49%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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