Linnette Miller And Rob Miller Acquire Single-Family Property In Jupiter For $10.7M
Jupiter, FL, USA
$10,700,000
$1,306/SF
Building Size
8,191 SF
Asset Type
Single Family
Closing
Jun 10, 2021
AI
A single-family property located at 150 Bears Club Drive in Jupiter has been sold for $10,700,000. The transaction took place on June 10, 2021. The property spans 8,191 square feet with a price per square foot of $1,306. Situated on 1.25 acres, the property was sold at a price per acre of $8,560,000.
Summary of Transaction Details
- Property Type: Single-Family
- Transaction Amount: $10,700,000
Linnette Miller and Rob Miller, representing Jupiter Pointe Club & Marina, purchased the property. Vince Marotta from Illustrated Properties acted as the buyer's representative in the deal. The seller, 150 Bears Club Drive LLC, was represented by Mark Griffin from Sotheby's International Realty.
Players
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
1.48%
Cash-on-Cash
-0.42%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93