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Kristen Allen And Andy Allen Sell San Marco Riverfront Home For $7.2M With JP Morgan Chase Financing

Property Image
SOLD
$7,200,000

Florida

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Single Family8,764 SF
Sold 12/05/2025
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Property Image
SOLD

Kristen Allen And Andy Allen Sell San Marco Riverfront Home For $7.2M With JP Morgan Chase Financing

2234 River Road

See Similar Deals
Single Family8,764 SF
Sold 12/05/2025
the dealplayerscompscontact
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Summary

FLORIDA
Asset Type:Single Family
Price Per Square Foot:$821
Total Square Footage:8,764 SF
Transaction Type:Sale

This single-family asset is located at 2234 River Road in Jacksonville, featuring a substantial square footage of 8,764 and transacting at a price of $7,200,000, equating to a price per square foot of $822.

Summary of transaction details:

  • Property Type: Single Family
  • Transaction Amount: $7,200,000
  • Seller: Kristen Allen; Andy Allen - Corner Lot
  • Lender: JP Morgan Chase
  • Buyer: Trust led by attorney Ann H. Janoski
  • Financing Amount: $4,000,000

CEO Andy Allen, known for flipping properties, sold this historic riverfront home after only five months of ownership, having acquired it from former DIA chief Lori Boyer for $5,500,000. The buyer secured their purchase using a mortgage from JPMorgan Chase.

Players

J.P. Morgan Chase
J.P. Morgan Chase
BROKERAGE
Andy Allen
Andy Allen
3 deals$149.7M volume
SELLER

Details

SOLD
IMAGE: Andy Allen DATE: 12/05/2025 ADDRESS: 2234 River Road MARKET: Jacksonville ASSET TYPE: Single Family SELLER: Kristen Allen; Andy Allen - Corner Lot (@CornerLotDevelopment) LENDER: JP Morgan Chase (@JPMorgan) SALE PRICE: $7,200,000 SF: 8,764 ~ PPSF: $822 NOTE: Corner Lot CEO Andy Allen flipped his historic 8,764-sf San Marco riverfront home, selling it for $7.2M just five months after buying it for $5.5M from former DIA chief Lori Boyer. The buyer, represented via a trust led by attorney Ann H. Janoski, financed the purchase with a $4M JPMorgan Chase mortgage.

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

$384,000.00

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$25,580.08
Cash-on-Cash Return-1.27%
Monthly Debt Service$34,131.67
Annual Debt Service$409,580.08