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Douglas Elliman Represents Buyer In $7.4M Palm Beach Condo Sale

Property Image
SOLD
$7,445,850
Fern Fodiman
Christopher (Chris) Leavitt
Ashley McIntosh

Florida

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4,995 SF
Sold 06/30/2022
the dealplayerscompscontact
Property Image
SOLD

Douglas Elliman Represents Buyer In $7.4M Palm Beach Condo Sale

3100 South Ocean Boulevard, Palm Beach, Florida 33480, United States

See Similar Deals
4,995 SF
Sold 06/30/2022
Fern Fodiman
Christopher (Chris) Leavitt
Ashley McIntosh
the dealplayerscompscontact
Contact now

Summary

FLORIDA
Price Per Square Foot:$1,490
Total Square Footage:4,995 SF
Transaction Type:Sale

A condo located at 3100 S Ocean Blvd in Palm Beach has been sold for a total price of $7,445,850. The property has a total square footage of 4,995 and a price per square footage of $1,491.

Summary of transaction details

  • Property Type: Condo
  • Transaction Amount: $7,445,850
  • Address: 3100 S Ocean Blvd, Palm Beach

The buyer's representatives in this transaction were Chris Leavitt and Ashley McIntosh from Douglas Elliman. Serving as the seller's representative was Fern Fodiman from Sotheby's International Realty.

Players

Ashley McIntosh
Douglas Elliman
Ashley McIntosh
24 deals$570.8M volume(561) 685-0861
BROKER
Christopher (Chris) Leavitt
Douglas Elliman
Christopher Leavitt
51 deals$1.3B volume(917) 664-0720
BROKER
Fern Fodiman
Sotheby's International Realty
Fern Fodiman
2 deals$14.9M volume
BROKER

Details

SOLD
IMAGE: Fern Fodiman, Chris Leavitt & Ashley McIntosh DATE: 06/30/2022 ADDRESS: 3100 S Ocean Blvd MARKET: Palm Beach ASSET TYPE: Condo BUYER'S REP: Chris Leavitt (@TheChrisLeavitt) & Ashley McIntosh (@AshleySellsPalmBeach) - Douglas Elliman SELLER'S REP: Fern Fodiman (@FernFodimanpb) - Sotheby's International Realty SALE PRICE: $7,445,850 SF: 4,995 ~ PPSF: $1,491

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Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$26,453.54
Cash-on-Cash Return-1.27%
Monthly Debt Service$35,297.13
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