John W Randolph Jr Acquires Condo Unit In Palm Beach For $12.25M
2 Breakers Row, Palm Beach, Florida 33480, United States
$12,250,000
$4,056/SF
Building Size
3,020 SF
Asset Type
—
Closing
May 31, 2022
About this deal
AI
A condominium unit located at 2 N Breakers Row in Palm Beach, FL has been sold. The property spans 3,020 square feet and was sold for a price of $12,250,000. The price per square foot for this transaction was $4,056.
Summary of transaction details
- Property Type: Condo Unit
- Transaction Amount: $12,250,000
- Address: 2 N Breakers Row, Palm Beach, FL
- Square Footage: 3,020
- Price per Square Foot: $4,056
The buyer of the property is John W Randolph Jr. The sellers in this transaction are Deborah B Goldberg and Charles A Cheever.
Players
Palm Beach CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.29%
Cash-on-Cash
-0.37%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93