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126 Spinnaker Lane

Vincent Marotta Of Illustrated Properties Represents Buyer In $24.25M Admirals Cove Sale
SOLDSingle Family Residence

Vincent Marotta Of Illustrated Properties Represents Buyer In $24.25M Admirals Cove Sale

126 Spinnaker Lane

$24,250,000

$2,429/SF

Building Size

9,980 SF

Asset Type

Single Family Residence

Closing

Jun 17, 2026

AI

The property involved in this transaction is a single-family home located at 126 Spinnaker Lane within the Admirals Cove Country Club in Jupiter. The sale price of the asset is $24,250,000, and it encompasses a total area of 9,980 square feet, resulting in a price per square foot of $2,429.

Summary of transation details:

  • Property Type: Single Family
  • Transaction Amount: $24,250,000
  • Square Footage: 9,980
  • Price per Square Foot: $2,429
  • Address: 126 Spinnaker Lane - Admirals Cove Country Club
  • Market: Jupiter
  • Seller's Representative: Donna Hutchins - Douglas Elliman
  • Buyer's Representative: Vincent Marotta - Illustrated Properties

This transaction was facilitated by the involvement of real estate professionals, with Donna Hutchins representing the seller through Douglas Elliman and Vincent Marotta representing the buyer through Illustrated Properties, ensuring a smooth negotiation process.

Players

Vincent Marotta

Illustrated Properties Real Estate

Broker

$198.6M

vol

13 deals

Broker

Market 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

0.65%

Cash-on-Cash

-0.19%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93