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1100 S Flagler Dr #804 West...

Roberta Weiner Acquires West Palm Beach Condo At The Bristol For $16M
SOLDCondo

Roberta Weiner Acquires West Palm Beach Condo At The Bristol For $16M

1100 S Flagler Dr #804 West Palm Beach, FL 33401, USA

$16,000,000

$3,362/SF

Building Size

4,758 SF

Asset Type

Condo

Closing

Aug 31, 2023

AI

Roberta S. Weiner has purchased a four-bedroom condo at The Bristol in West Palm Beach for a staggering $16 million. The luxurious property, located on South Flagler Drive, offers stunning panoramic views. The transaction was facilitated through a trust.

Summary of transaction details

The purchase of this luxurious condo demonstrates Roberta S. Weiner's discerning taste for opulent residences. The property's desirable features include its spacious four-bedroom layout and its prime location on South Flagler Drive. The transaction was successfully coordinated by the buyer's representatives, Paulette Koch and Dana Koch of The Corcoran Group, and the seller's representative, Christian Angle of Christian Angle Real Estate.

Players

Christian Angle

Christian Angle Real Estate

Broker

$2.7B

vol

99 deals

Broker

Roberta Weiner

Buyer

$53M

vol

2 deals

Buyer

Joy Hall

Seller

$22.8M

vol

2 deals

Seller

West Palm Beach Condo Market Snapshot

Boundary boundary · Condo · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.99%

Cash-on-Cash

-0.28%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93