Updated Aug 28, 2026
Laura F. Hanson & Alexander D. Hanson Acquire North Palm Beach SFR For $19.2M
11750 Turtle Beach Rd, North Palm Beach, Fl 33408, Usa
$19,200,000
$2,204/SF
Building Size
8,709 SF
Asset Type
Single Family Residence
Closing
Sep 30, 2020
About this deal
AI
Located in North Palm Beach, the recently sold property at 11750 Turtle Beach Road is a single-family home (SFR) with a total square footage of 8,709. The transaction, which took place on October 1, 2020, involved a sale price of $19,200,000, resulting in a price per square foot of $2,205.
Summary of transation details
- Property Type: SFR
- Transaction Amount: $19,200,000
- Square Footage: 8,709
- Price per Square Foot: $2,205
The buyers of the property were Laura F. Hanson and Alexander D. Hanson, who represented TGS Management Company LLC. On the other hand, the sellers were Lori Welch and Jude Reyes. The broker involved in the deal was Paul Kaneb from K2 Realty, Inc.
On the Map
$19,200,000
$2,204/SF
Single Family Residence
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Players
North Palm Beach 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
0.83%
Cash-on-Cash
-0.24%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93