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7800 9th Ave. S

Compass Representatives Sell Former Home Of Tampa Bay Buccaneers Legend For $4.1M In St. Petersburg
SOLDSingle Family

Compass Representatives Sell Former Home Of Tampa Bay Buccaneers Legend For $4.1M In St. Petersburg

7800 9th Ave. S

$4,100,000

$679/SF

Building Size

6,032 SF

Asset Type

Single Family

Closing

Apr 25, 2023

AI

The former home of Tampa Bay Buccaneers legend Mike Alstott, located at 7800 9th Ave. S. in the Yacht Club Estates community, has sold for $4.1 million. The 6,032-square-foot waterfront estate features five bedrooms and four-and-a-half bathrooms. The property was remodeled by Alstott and will undergo additional remodeling by the new owner, who is from the Midwest and has a vacation home in St. Pete.

Summary of transaction details

  • Property Type: Single Family
  • Transaction Amount: $4,100,000
  • Date: 04/25/2023
  • Address: 7800 9th Ave. S
  • Market: St Petersburg

The seller of the property was Teresa Bratcher-Evans. The buyer's representative in the deal was Melinda Pletcher from Smith & Associates Real Estate. The seller was represented by Jon Fincher and Eric Dungy from Compass.

Players

Jon Fincher

Compass

Broker

$6.8M

vol

2 deals

Broker

St. Petersburg 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

3.87%

Cash-on-Cash

-1.11%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93