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
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.
Players
Tampa Single Family Market Snapshot
Boundary boundary · Single Family · Sale transactions
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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