Updated Dec 4, 2024
Griffin Trust Acquires Custom-Built Home From Stone KAP Partners For $13 Million In Windermere
9306 Blanche Cove Drive
$13,000,000
$875/SF
Building Size
14,856 SF
Asset Type
Single Family
Closing
Aug 12, 2024
About this deal
AI
A custom-built Isleworth home located at 9306 Blanche Cove Drive in Windermere has sold for $13 million. This single-family property spans 14,856 square feet and sits on 3.72 acres. Initially listed at $15.5 million, the home features six bedrooms, eight bathrooms, and high-end amenities, including an indoor NBA-sized basketball court covering 6,060 square feet.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $13,000,000
- Square Feet: 14,856
- Price Per Square Foot: $875
- Buyer: Griffin Trust
- Seller: Stone KAP Partners
- Buyer's Representative: Julie Bettosini - Stockworth Realty Group
- Seller's Representatives: Danielle O'Quinn & Jenny Wemert - Wemert Group Realty
This transaction highlights the involvement of key individuals where Julie Bettosini represented the buyer, while the seller was represented by the team of Danielle O'Quinn and Jenny Wemert. The transaction was finalized on 08/12/2024.
Players
Windermere 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
1.22%
Cash-on-Cash
-0.35%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93