Updated Oct 10, 2026
Patti And Thomas Wheeler Buy Riverfront Estate From Duane And Susan Ottenstroer For $8.13M
2180 Eventide Road
$8,132,000
$672/SF
Building Size
12,100 SF
Asset Type
Single Family
Closing
Apr 8, 2025
About this deal
AI
A 12,100 square foot riverfront estate located at 2180 Eventide Road in the Fruit Cove market was sold for $8,132,000. The property encompasses 14.17 acres, emphasizing its expansive size and prime riverfront location.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $8,132,000
- Address: 2180 Eventide Road
- Market: Fruit Cove
- Acres: 14.17
- Square Footage: 12,100
- Price Per Square Foot: $672
- Buyer: Patti & Thomas Wheeler
- Seller: Duane L. & Susan M. Ottenstroer
- Broker: Dan McCarthy - Better Homes & Gardens Lifestyles Realty
This transaction represents one of the highest-priced riverfront sales in St. Johns County, highlighting the significance of the deal. The estate was sold at a no-reserve auction on April 8, 2025, after a previous deal for $15 million did not materialize.
On the Map
$8,132,000
$672/SF
Single Family
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Players
Saint Johns Single Family Market Snapshot
Boundary boundary · Single Family · Sale transactions
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Deal FAQ
About $672 per square foot on a published $8.1M for 12,100 square feet (2025).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.95%
Cash-on-Cash
-0.56%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93