Updated Dec 21, 2023
Fenton & Lang Brokers Sell Hobe Sound SFR For $9.8M On South Beach
494 S Beach Rd, Hobe Sound, Fl 33455, Usa
$9,800,000
$1,037/SF
Building Size
9,449 SF
Asset Type
Single Family Residence
Closing
Jul 30, 2020
About this deal
AI
The SFR located at 494 South Beach in Hobe Sound has been sold for $9,800,000. The property spans 9,449 square feet, resulting in a price per square foot of $1,037.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $9,800,000
- Square Footage: 9,449
- Price per Square Foot: $1,037
- Market: Hobe Sound
The sale of this SFR property at 494 South Beach was facilitated by Joanne Wagner & Adrian Reed of Fenton & Lang.
The single family residence sale at 494 S Beach Rd, Hobe Sound, Fl 33455, Usa in Hobe Sound, New York sold for $9.8M in 2020. The building is 9,449 square feet, implying about 1K per square foot on the published price. Named participants on the 494 S Beach Rd, Hobe Sound, Fl 33455, Usa sale are Adrian Reed, Joanne Wagner. This page is the Hobe Sound, New York file for the 494 S Beach Rd, Hobe Sound, Fl 33455, Usa single family residence sold: pricing, party profiles, and other closed single family residence comps from the same Hobe Sound sit in the Market section below. Filter that Hobe Sound single family residence set by closing date to see what else sold near 494 S Beach Rd, Hobe Sound, Fl 33455, Usa around 2020. Published consideration for 494 S Beach Rd, Hobe Sound, Fl 33455, Usa is $9.8M, dated 2020. Cite this Fenton & Lang Brokers Sell Hobe Sound SFR For $9.8M On South Beach sale when underwriting similar single family residence product around Hobe Sound, New York.
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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
1.62%
Cash-on-Cash
-0.46%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93