Updated Oct 29, 2024
Carlos Rodon Acquires Snell Isle Waterfront Home For $8.8M In St. Petersburg
$8,800,000
$1,457/SF
Building Size
6,037 SF
Asset Type
Single Family Residence
Closing
Apr 28, 2023
About this deal
AI
A waterfront home in St. Petersburg's Snell Isle neighborhood has been sold for $8.8 million. The property, built in 2022, offers stunning views of the downtown skyline and Pier. With a size of 6,037 square feet, the single-family home features five bedrooms, a three-car garage, a heated pool and spa. The transaction took place in the Saint Petersburg market and the property sits on 0.31 acres.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $8,800,000
- Square Footage: 6,037
- Market: Saint Petersburg
- ACRES: 0.31
The buyer of the property is Carlos Rodon who represents the New York Yankees. The seller of the home is Devonshire Custom Homes. Zach Zehnder from Keller Williams St. Pete Realty acted as the broker for both parties in the deal. The transaction was financed by Bank of America.
Players
Market Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $1.5K per square foot on a published $8.8M for 6,037 square feet (2023).
Browse Florida single family residence sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.80%
Cash-on-Cash
-0.52%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93