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
About this deal
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
- Property Type: Condo
- Transaction Amount: $16,000,000
- Address: 1100 South Flagler Drive, West Palm Beach
- Square Footage: 4,758
- Price per Square Foot: $3,363
- Buyer: Roberta Weiner
- Seller: Joy & Stephen Hall
- Buyer's Representative: Paulette Koch & Dana Koch - The Corcoran Group
- Seller's Representative: Christian Angle - Christian Angle Real Estate
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
West Palm Beach Condo Market Snapshot
Boundary boundary · Condo · Sale transactions
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About $3.4K per square foot on a published $16M for 4,758 square feet (2023).
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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