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

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.