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11411 Dickey Lane

O’Brien Ford Purchases Waterfront Parcel In Captiva For $6.1M With Premier Sotheby's International Realty
SOLDSingle Family

O’Brien Ford Purchases Waterfront Parcel In Captiva For $6.1M With Premier Sotheby's International Realty

11411 Dickey Lane

Building Size

Asset Type

Single Family

Closing

Aug 5, 2025

AI

A 0.9-acre waterfront parcel located at 11411/11421 Dickey Lane in the Captiva market was sold for $6,100,000. The asset is classified as a Single Family property.

Summary of transaction details:

Parkway Properties, an LLC associated with O’Brien Ford, purchased the parcel from four sellers. The intention is to construct three homes on the site for either family use or resale purposes.

Players

Justin Thibaut

LSI Companies

Broker

$287.2M

vol

8 deals

Broker

Captiva Single Family Market Snapshot

Boundary boundary · Single Family · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93