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Jupiter, Florida, United St...

Justin Thomas Acquires 0.8 Acre Single Family Property In Jupiter For $13.5M
SOLDSingle Family Residence

Justin Thomas Acquires 0.8 Acre Single Family Property In Jupiter For $13.5M

Jupiter, Florida, United States

$13,500,000

$1,928,571/SF

Building Size

7 SF

Asset Type

Single Family Residence

Closing

Jan 11, 2022

AI

A single-family property located in Jupiter, with an approximate size of 0.8 acres, was recently sold for a total sale price of $13,500,000. The property features 7,600 square feet of space, resulting in a price per square foot of $1,776. The transaction took place on November 1, 2022.

Summary of transaction details

  • Property Type: Single Family
  • Transaction Amount: $13,500,000
  • Market: Jupiter
  • Property Size: 0.8 acres
  • Property Size: 7,600 square feet
  • Price Per Square Foot: $1,776

Justin Thomas, a professional golfer who has played on the PGA Tour and is a former World Number One, purchased the property. He won five PGA Tour events and the FedEx Cup championship in 2017, experiencing a breakout year. The property was sold by Gregory and Alejandra Delange. Johnny DelPrete from Nest Seekers represented Justin Thomas as his buyer's representative in the deal, while Derek Eisenberg from Continental Real Estate Group represented Gregory and Alejandra Delange as their seller's representative.

Players

Derek Eisenberg

Broker

$23.8M

vol

6 deals

Broker
Nest Seekers International
Nest Seekers InternationalBrokerage

Justin Thomas

Buyer

$16.6M

vol

2 deals

Buyer

Jupiter Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.18%

Cash-on-Cash

-0.34%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93