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
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