Updated Oct 25, 2024
Christine Phipps Acquires Tequesta Single Family For $11.16M
19000 Point Drive
$5,000,000
$71/SF
Building Size
70,000 SF
Asset Type
Single Family Residence
Closing
Aug 19, 2020
About this deal
AI
The property involved in this transaction is a single-family home located at 19000 Point Drive in Tequesta. The property sits on 1.48 acres of land. The sale took place on November 9, 2022. The property spans 7,334 square feet and sold for a total of $11,160,000, equating to a price per square foot of $1,522.
Summary of transation details
- Property Type: Single Family
- Transaction Amount: $11,160,000
- Address: 19000 Point Drive
- Market: Tequesta
- Acres: 1.48
Christine Phipps was the buyer in this transaction, while John & Margaret Irene Maxwell were the sellers. The brokers involved in the deal were Andrew & Milla Russo from Illustrated Properties.
Players
Jupiter Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
Loading comparables…
Deal FAQ
About $71 per square foot on a published $5M for 70,000 square feet (2020).
Visit Andrew Russo to view all their deals.
Browse Jupiter single family residence sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.17%
Cash-on-Cash
-0.91%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93