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Christopher H. Koch's Dolphin Revocable Trust II Acquires Waterfront Mansion In Jupiter For $35M
SOLD
$35,000,000
Florida
See Similar DealsSingle Family
Sold 01/30/2025
SOLD
Christopher H. Koch's Dolphin Revocable Trust II Acquires Waterfront Mansion In Jupiter For $35M
5250 Pennock Point Road
See Similar DealsSingle Family
Sold 01/30/2025
Summary
FLORIDA
Asset Type:Single Family
Transaction Type:Sale
A 14,013-square-foot waterfront mansion located at 5250 Pennock Point Road in Jupiter was sold in an off-market deal. The property consists of 1.36 acres and was purchased for $35 million.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $35,000,000
- Buyer: Christopher H. Koch - Dolphin Revocable Trust II
- Seller: The James J. & Margaret E. Arrigo Revocable Family Trust
- Asset Built By: Onshore Construction & Development
The transaction involved Christopher H. Koch as the buyer representing the Dolphin Revocable Trust II. The seller was represented by The James J. & Margaret E. Arrigo Revocable Family Trust. The deal reflects the continued demand for high-value properties in the Jupiter area.
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$1,866,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$124,347.60
Cash-on-Cash Return-1.27%
Monthly Debt Service$165,917.86
Annual Debt Service$1,991,014.27
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