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Sydney Sweeney Buys Luxury Estate On Sunset Blvd In Summerland Key For $13.5M

Property Image
SOLD
$13,465,371
Terri Spottswood
Jenna Stauffer

Florida

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Single Family7,720 SF
Sold 06/04/2024
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Property Image
SOLD

Sydney Sweeney Buys Luxury Estate On Sunset Blvd In Summerland Key For $13.5M

1300 Sunset Boulevard

See Similar Deals
Single Family7,720 SF
Sold 06/04/2024
Terri Spottswood
Jenna Stauffer
the dealplayerscompscontact
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Summary

FLORIDA
Asset Type:Single Family
Price Per Square Foot:$1,744
Total Square Footage:7,720 SF
Transaction Type:Sale

The property at 1300 Sunset Boulevard in Summerland Key was recently sold for $13,465,371. Spanning across 1.35 acres, this single-family estate boasts 7,720 square feet of living space. The luxurious amenities of this oceanfront property include six bedrooms, eight bathrooms, a chef’s kitchen, a wine room, and a boat ramp.

Summary of transaction details:

Sydney Sweeney acquired this lavish oceanfront estate with the assistance of her representative Jenna Stauffer from Ocean Sotheby's International Realty. Terri Spottswood from Truman & Co. represented the seller in this high-end transaction.

Players

Terri Spottswood
Truman & Co.
Terri Spottswood
1 deal$13.5M volume(305) 587-3407
BROKER
Jenna Stauffer
Sotheby's International Realty
Jenna Stauffer
1 deal$13.5M volume(260) 433-2319
BROKER

Details

SOLD
IMAGE: Jenna Stauffer, Sydney Sweeney & Terri Spottswood DATE: 06/04/2024 ADDRESS: 1300 Sunset Boulevard MARKET: Summerland Key ASSET TYPE: Single Family ~ ACRES: 1.35 BUYER: Sydney Sweeney (@Sydney_Sweeney) BUYER'S REP: Jenna Stauffer (@JennamStauffer) - Ocean Sotheby's International Realty SELLER'S REP: Terri Spottswood (@TerriSpottswood) - Truman & Co. (@TrumanandCompany) SALE PRICE: $13,465,371 SF: 7,720 ~ PPSF: $1,744 NOTE: Sydney Sweeney recently acquired a lavish oceanfront estate in South Florida for nearly $13.5 million. The luxurious property, featuring six bedrooms, eight bathrooms, and an array of amenities includes a chef’s kitchen, a wine room, and a boat ramp.

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$718,153.12

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$47,839.62
Cash-on-Cash Return-1.27%
Monthly Debt Service$63,832.73
Annual Debt Service$765,992.74