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Matthew Marco Of Bond Bahamas Sells Apsara Mansion In Old Fort Bay For $39M

Property Image
SOLD
$39,000,000

Florida

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Single Family42,069 SF
Sold 04/30/2024
the dealplayerscompscontact
Property Image
SOLD

Matthew Marco Of Bond Bahamas Sells Apsara Mansion In Old Fort Bay For $39M

Single Family42,069 SF
Sold 04/30/2024
the dealplayerscompscontact
Contact now

Summary

Asset Type:Single Family
Price Per Square Foot:$927
Total Square Footage:42,069 SF
Transaction Type:Sale

A lavish waterfront mansion in the Bahamas, known as Apsara and located in the Old Fort Bay gated community near Nassau, sold for approximately $39 million. The property spans 42,069 square feet and was sold at a price per square foot of $927.

Summary of transation details:

The sale of the stunning Apsara mansion was facilitated by Matthew Marco of BOND Bahamas, making it one of the largest home sales in the country. Situated in a prestigious gated community, this transaction showcases the luxury real estate market in the Bahamas.

Players

Matthew Marco
Bond Bahamas
Matthew Marco
1 deal$39M volume(242) 376-6696
BROKER

Details

SOLD
IMAGE: 04/30/2024 MARKET: Old Fort Bay, Bahamas ASSET TYPE: Single Family BROKER: Matthew Marco - Bond Bahamas SALE PRICE: $39,000,000 SF: 42,069 ~ PPSF: $927 NOTE: A lavish waterfront mansion in the Bahamas, known as Apsara and located in the Old Fort Bay gated community near Nassau, sold for approximately $39 million in one of the country's largest home sales, according to listing agent Matthew Marco of BOND Bahamas.

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

$2,080,000.01

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$138,558.76
Cash-on-Cash Return-1.27%
Monthly Debt Service$184,879.90
Annual Debt Service$2,218,558.76