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Indian Creek Village

Jeff Bezos Acquires Single Family Property In Indian Creek Village For $68M
SOLDSingle Family

Jeff Bezos Acquires Single Family Property In Indian Creek Village For $68M

$68,000,000

$5,755/SF

Building Size

11,815 SF

Asset Type

Single Family

Closing

Aug 1, 2023

AI

A single-family property located in Indian Creek Village has been sold in a recent transaction. The property, owned by an undisclosed seller, was purchased by Jeff Bezos, the founder of Amazon. The transaction was facilitated by Gabriela Espejo, a broker from Golden Ocean Real Estate Corp, who represented Jeff Bezos in the deal. Sohely Paz-van Woerkom acted as the seller's representative.

Summary of transaction details

The property, with a square footage of 11,815, was sold for the asking price of $68,000,000. This translates to a price per square foot of $5,755. The transaction took place on August 1, 2023.

Jeff Bezos, the buyer, is a well-known entrepreneur and the founder of one of the world's largest e-commerce companies, Amazon. Gabriela Espejo, from Golden Ocean Real Estate Corp, represented Bezos in the purchase of this property. Sohely Paz-van Woerkom served as the seller's representative in the deal.

Players

Gabriela Espejo

Broker

$81.6M

vol

3 deals

Broker

Market 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

0.23%

Cash-on-Cash

-0.07%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93