Matthew Steinberg Purchases Lakefront Home From Michelle And Shane McGuinness For $9.14M
2040 Venetian Way
$9,140,000
$1,130/SF
Building Size
8,082 SF
Asset Type
Single Family
Closing
Jan 20, 2025
AI
A lakefront home located at 2040 Venetian Way in Winter Park sold for $9.14 million. The property spans 1.84 acres and has a total square footage of 8,082, translating to a price per square foot of $1,131.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $9,140,000
- Buyer: Matthew Steinberg
- Seller: Michelle & Shane McGuinness
- Broker: Thomas Bonner - Coldwell Banker Realty
- Date of Sale: January 15, 2025
- Market: Winter Park
Thomas Bonner of Coldwell Banker Realty represented the sellers, Michelle and Shane McGuinness, in this transaction, reflecting ongoing interest in the luxury market of Winter Park. The buyer, Matthew Steinberg, successfully completed the purchase amidst continued market activity.
Players
Winter Park 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
1.74%
Cash-on-Cash
-0.50%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93