Beau Blankenship Acquires Inlet Beach SFR For $4.5M
256 S Wall St, Panama City Beach, Fl 32413, Usa
$4,500,000
$116/SF
Building Size
38,690 SF
Asset Type
Single Family Residence
Closing
Sep 3, 2020
AI
The property at 256 S Wall Street in Inlet Beach has been sold for $4,500,000. It is a single-family residence with a total square footage of 3,869. The price per square foot comes to $1,163.
Summary of Transaction Details:
- Property Type: SFR
- Transaction Amount: $4,500,000
- Address: 256 S Wall Street
- Market: Inlet Beach
The sale of this property was facilitated by Beau Blankenship of Engel & Volkers 30A Beaches.
Players
Inlet Beach Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.53%
Cash-on-Cash
-1.01%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93