Waterfront Properties & Club Communities Sells Hobe Sound SFR For $5.6M
286 S Beach Rd, Hobe Sound, Fl 33455, Usa
$5,600,000
$116/SF
Building Size
47,910 SF
Asset Type
Single Family Residence
Closing
Jul 5, 2020
AI
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
Hobe Sound 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
2.83%
Cash-on-Cash
-0.81%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93