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1300 Sunset Boulevard

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

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

1300 Sunset Boulevard

$13,465,371

$1,744/SF

Building Size

7,720 SF

Asset Type

Single Family

Closing

Jun 4, 2024

AI

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.

Broker

$13.5M

vol

1 deal

Broker

Summerland Key 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

1.18%

Cash-on-Cash

-0.34%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93