SOLDCondo
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
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.
Palm Beach Condo Market Snapshot
Boundary boundary · Condo · Sale transactions
Loading comparables…
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