Updated Dec 4, 2024
Daven Real Estate Acquires Single Family Property In Winter Park For $6.85M
1190 North Park Avenue
$6,850,000
$349/SF
Building Size
19,619 SF
Asset Type
Single Family
Closing
Oct 13, 2023
About this deal
AI
A single-family property located at 1190 North Park Avenue in Winter Park was recently sold for $6,850,000. The property sits on a spacious 1.94-acre lot, offering ample space for homeowners to enjoy. With a total area of 19,619 square feet, this property provides generous living space for its occupants at a price of $349 per square foot.
Summary of Transaction Details
- Property Type: Single Family
- Sale Price: $6,850,000
- Total Square Footage: 19,619 SF
- Price per Square Foot: $349
- Address: 1190 North Park Avenue, Winter Park
- Market: Winter Park
- Buyer's Representative: Michael Rasmussen - Daven Real Estate
- Seller's Representative: Brian Mitnik - Remax
In this transaction, Michael Rasmussen from Daven Real Estate acted as the buyer's representative, ensuring a smooth and successful purchase for their client. On the selling side, Brian Mitnik served as the seller's representative, effectively marketing the property and negotiating the deal to reach a favorable outcome for the seller.
Players
Winter Park Single Family Market Snapshot
Boundary boundary · Single Family · Sale transactions
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Deal FAQ
About $349 per square foot on a published $6.9M for 19,619 square feet (2023).
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Browse Winter Park single family sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.32%
Cash-on-Cash
-0.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93