Brick City Capital Provides $7,589,000 Purchase Loan For 1263 Ponte Vedra Boulevard
1263 Ponte Vedra Boulevard
$7,589,000
$595/SF
Building Size
12,751 SF
Asset Type
Single Family
Closing
Mar 25, 2024
AI
The property located at 1263 Ponte Vedra Boulevard in Ponte Vedra Beach, FL, is a Single Family home comprising 12,751 square feet. The loan for this property was provided by Brick City Capital, amounting to $7,589,000 for the purchase.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $7,589,000
- SF: 12,751
- Lender: Brick City Capital
- Loan Type: Purchase
The individuals involved in this transaction include Anthony Pontoriero, Eric Panecki, and John Libretti.
Players
Ponte Vedra Beach Single Family Market Snapshot
Boundary boundary · Single Family · Loan transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.09%
Cash-on-Cash
-0.60%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93