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Snap Realty LLC Sells Safety Harbor Estate On South Bayshore Blvd For $7.2M

Property Image
SOLD
$7,200,000

Florida

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Single Family7,125 SF
Sold 04/05/2024
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Property Image
SOLD

Snap Realty LLC Sells Safety Harbor Estate On South Bayshore Blvd For $7.2M

910 South Bayshore Boulevard

See Similar Deals
Single Family7,125 SF
Sold 04/05/2024
Contact now

Summary

FLORIDA
Asset Type:Single Family
Price Per Square Foot:$1,010
Total Square Footage:7,125 SF
Transaction Type:Sale

A waterfront gated estate in Safety Harbor, located at 910 S Bayshore Blvd., has fetched $7.2 million, marking the highest-priced sale in the city's history. The 7,125 square-foot property boasts six bedrooms, six full bathrooms, and one-half bathroom, offering luxurious features including garage parking for up to 10 cars, an elevator, rooftop terrace, and outdoor amenities like a heated pool/spa, and outdoor kitchen. The property provides convenient access to nearby airports and downtown areas.

Summary of transaction details:

  • Property Type: Single Family
  • Transaction Amount: $7,200,000
  • Address: 910 South Bayshore Boulevard
  • Market: Safety Harbor
  • Size: 7,125 square feet
  • Price per Square Foot: $1,011

Listed by Jennifer Zales of Coldwell Banker Realty and sold by Shawn Poole of Snap Realty LLC, the sale of this distinguished property sets a new benchmark in Safety Harbor's real estate market. Jennifer Zales represented the seller in the transaction, while Shawn Poole served as the buyer's representative, facilitating the successful negotiation and finalization of the deal.

Players

Jennifer Zales
9 deals$78.3M volume(813) 758-3443
BROKER

Shawn Poole
1 deal$7.2M volume(813) 567-8365
BROKER

Details

SOLD
IMAGE: 04/05/2024 ADDRESS: 910 South Bayshore Boulevard MARKET: Safety Harbor ASSET TYPE: Single Family ~ ACRES: 1.37 BUYER'S REP: Shawn Poole - Snap Realty LLC SELLER'S REP: Jennifer Zales - Coldwell Banker SALE PRICE: $7,200,000 SF: 7,125 ~ PPSF: $1,011 NOTE: A waterfront gated estate in Safety Harbor, located at 910 S Bayshore Blvd., has fetched $7.2 million, marking the highest-priced sale in the city's history. Listed by Jennifer Zales of Coldwell Banker Realty and sold by Shawn Poole of Snap Realty LLC, the 7,125 square-foot property boasts six bedrooms, six full bathrooms, and one-half bathroom, offering an array of luxurious features including garage parking for up to 10 cars, an elevator, rooftop terrace, and outdoor amenities like a heated pool/spa and outdoor kitchen, with convenient access to nearby airports and downtown areas.

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$384,000.00

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$25,580.08
Cash-on-Cash Return-1.27%
Monthly Debt Service$34,131.67
Annual Debt Service$409,580.08