Margit Brandt Sells SFR In Palm Beach For $10.3M
210 Palmo Way, Palm Beach, FL 33480, USA
$10,250,000
$732/SF
Building Size
14,000 SF
Asset Type
Co-Op
Closing
Nov 9, 2022
About this deal
AI
A single-family home located at 210 Palmo Way in Palm Beach has recently been sold. The property, spanning 14,000 square feet, was sold for a total price of $10,250,000, resulting in a price per square foot of $732. The transaction took place on November 9, 2022.
Summary of transaction details:
- Property Type: SFR
- Transaction Amount: $10,250,000
- Market: Palm Beach
- Square Footage: 14,000
- Price per Square Foot: $732
- Seller's Representative: Margit Brandt - Margit Brandt Palm Beach - Premier Estate Properties, Inc., Christie's International Real Estate
Margit Brandt from Margit Brandt Palm Beach represented the seller in this transaction, working with Premier Estate Properties, Inc. and Christie's International Real Estate. The deal demonstrates the successful collaboration between the seller's representative and the buyer, ensuring a smooth and efficient transaction.
Players
Palm Beach Co-Op Market Snapshot
Boundary boundary · Co-Op · Sale transactions
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Deal FAQ
About $732 per square foot on a published $10.3M for 14,000 square feet (2022).
Browse Florida co op sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.55%
Cash-on-Cash
-0.44%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93