Updated Dec 4, 2024
South Tampa Waterfront Mansion Sells For $14.1M With Jennifer Zales As Seller's Rep
5224 West Neptune Way
$14,100,000
$1,392/SF
Building Size
10,123 SF
Asset Type
Single Family
Closing
Dec 21, 2023
About this deal
AI
A South Tampa waterfront mansion located at 5224 W Neptune Way in the Beach Park neighborhood has set a record with a $14.1 million sale. The property spans 10,123 square feet and features five bedrooms, six bathrooms, and two half bathrooms. The luxurious amenities include a three-level cascading pool and spa, a dock with boat/jet ski lifts, and covered boat storage. The property also boasts expansive bay frontage.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $14,100,000
- Square Footage: 10,123
- Price Per Square Foot: $1,393
- Address: 5224 West Neptune Way
- Market: Tampa
The buyer's representatives in this transaction were Christina Barone and Vincent Barone from Signature Realty Associates. The seller's representative was Jennifer Zales from Coldwell Banker Realty.
On the Map
$14,100,000
$1,392/SF
Single Family
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Tampa Single Family Market Snapshot
Boundary boundary · Single Family · Sale transactions
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Deal FAQ
About $1.4K per square foot on a published $14.1M for 10,123 square feet (2023).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.13%
Cash-on-Cash
-0.32%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93