John Putzig & Susan Nelson Represent Re/Max In $17.3M Single Family Sale
2900 Northeast 31st Avenue
$17,300,000
$2,219/SF
Building Size
7,796 SF
Asset Type
Single Family
Closing
Jul 9, 2024
AI
The single-family property at 2900 Northeast 31st Avenue in Lighthouse Point was sold for $17,300,000. Spanning 7,796 square feet, the property was purchased by the James C Acheson Trust, with Re/Max's John Putzig and Susan Nelson representing both the buyer and the seller.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $17,300,000
- Address: 2900 Northeast 31st Avenue
- Market: Lighthouse Point
- Square Footage: 7,796
- Price per Square Foot: $2,219
- Seller: James C Acheson Trust
- Buyer & Seller's Rep: John Putzig & Susan Nelson - Re/Max
The successful transaction was facilitated by John Putzig and Susan Nelson from Re/Max, showcasing their expertise in closing significant real estate deals in the Lighthouse Point market.
Lighthouse Point Single Family Market Snapshot
Boundary boundary · Single Family · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.92%
Cash-on-Cash
-0.26%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93