Vincent Spadea Represents Buyer In $2.05M Condo Sale In Palm Beach
100 Sunrise Avenue
$2,050,000
$1,464/SF
Building Size
1,400 SF
Asset Type
Condo
Closing
Mar 8, 2024
About this deal
AI
The condo located at 100 Sunrise Avenue in Palm Beach was sold for $2,050,000. Spanning 1,400 square feet, the property was transacted at a price per square foot of $1,464.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $2,050,000
- Address: 100 Sunrise Avenue
- Market: Palm Beach
- SF: 1,400
- PPSF: $1,464
Vincent Spadea from Douglas Elliman represented the buyer in the deal.
The condo sale at 100 Sunrise Avenue in Palm Beach, Florida sold for $2.1M in 2024. The building is 1,400 square feet, implying about 1.5K per square foot on the published price. Vincent (Vince) Spadea, Douglas Elliman appear on the sale alongside Douglas Elliman. This page is the Palm Beach, Florida file for the 100 Sunrise Avenue condo sold: pricing, party profiles, and other closed condo comps from the same Palm Beach sit in the Market section below. Filter that Palm Beach condo set by closing date to see what else sold near 100 Sunrise Avenue around 2024. Published consideration for 100 Sunrise Avenue is $2.1M, dated 2024. Cite this Vincent Spadea Represents Buyer In $2.05M Condo Sale In Palm Beach sale when underwriting similar condo product around Palm Beach, Florida.
Palm Beach Condo Market Snapshot
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
7.74%
Cash-on-Cash
-2.21%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93