Updated Oct 29, 2024
1410 John Ringling Parkway In Sarasota Sells For $5.68M With Buyer's Rep Peter Laughlin And Seller's Rep Shannon Gadbois
1410 John Ringling Parkway, Sarasota, FL 34236, USA
$5,675,000
$2,642/SF
Building Size
2,148 SF
Asset Type
Single Family
Closing
Jan 3, 2023
About this deal
AI
Located at 1410 John Ringling Parkway in Sarasota, this single-family property spans 0.28 acres. The sale transaction took place on 01/03/2023, with the buyer being 1410 John Ringling Parkway LLC and the seller identified as Edward Balian.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $5,675,000
- Address: 1410 John Ringling Parkway
- Market: Sarasota
- Asset Type: Single Family
- Acres: 0.28
Peter Laughlin from Premier Sotheby’s International Realty represented the buyer, 1410 John Ringling Parkway LLC, in this transaction. Shannon Gadbois, on the other hand, represented the seller, Edward Balian, and is affiliated with Thomas Ryan Real Estate Management.
The property measures 2,148 square feet, with a price per square foot of $2,642.
On the Map
$5,675,000
$2,642/SF
Single Family
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Players
Sarasota 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
2.80%
Cash-on-Cash
-0.80%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93