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Waterfront Properties & Club Communities Sells Hobe Sound SFR For $5.6M

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SOLD
$5,600,000

New York

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Single Family Residence47,910 SF
Sold 07/06/2020
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SOLD

Waterfront Properties & Club Communities Sells Hobe Sound SFR For $5.6M

286 S Beach Rd, Hobe Sound, Fl 33455, Usa

See Similar Deals
Single Family Residence47,910 SF
Sold 07/06/2020
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Summary

NEW YORK
Asset Type:Single Family Residence
Price Per Square Foot:$116
Total Square Footage:47,910 SF
Transaction Type:Sale

The recently closed property transaction in Hobe Sound involved a Single Family Residence (SFR) located at 286 South Beach Road. The property spans 4,791 square feet and was sold for a price of $5,600,000, reflecting a price per square foot of $1,169. This transaction was facilitated by Susan Turner of Waterfront Properties & Club Communities.

Summary of Transaction Details

  • Property Type: Single Family Residence (SFR)
  • Transaction Amount: $5,600,000
  • Square Footage: 4,791
  • Price Per Square Foot: $1,169
  • Address: 286 South Beach Road
  • Market: Hobe Sound

Susan Turner of Waterfront Properties & Club Communities played a key role as the broker representing the parties involved in this transaction.

Players

Susan Turner
3 deals$33.6M volume
BROKER

Details

SOLD
IMAGE: Susan Turner⁠ DATE: 07/06/2020⁠ ADDRESS: 286 South Beach Road⁠ MARKET: Hobe Sound⁠ ASSET TYPE: SFR⁠ PRICE: $5,600,000⁠ SF: 4,791⁠ PPSF: $1,169⁠ BROKER: Susan Turner – Waterfront Properties & Club Communities⁠

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$19,895.61
Cash-on-Cash Return-1.27%
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