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184 Lake Drive

Updated Jun 27, 2025

Ryan Johnston, Tara Johnston, F. Carlyle Tiller III Sell Condo In Palm Beach Shores For $2.4M
SOLDCondo

Ryan Johnston, Tara Johnston, F. Carlyle Tiller III Sell Condo In Palm Beach Shores For $2.4M

184 Lake Drive

$2,400,000

$901/SF

Building Size

2,662 SF

Asset Type

Condo

Closing

Apr 23, 2025

About this deal

AI

The property asset involved in the transaction is a condo located at 184 Lake Drive in the market of Palm Beach Shores. The condo spans 2,662 square feet and was sold for a price of $2,400,000, which translates to a price per square foot of $901.

Summary of transaction details:

  • Property Type: Condo
  • Transaction Amount: $2,400,000
  • Address: 184 Lake Drive
  • Market: Palm Beach Shores
  • Square Footage: 2,662
  • Price Per Square Foot: $901
  • Seller: Ryan Johnston, Tara Johnston, F. Carlyle Tiller III
  • Broker: Barbara Hornyak - Compass

The transaction features a notable aspect with HAVN Residences & Yacht Club, a collection of 36 residences that boast spacious 2 and 3-bedroom homes, designed to offer a luxurious living environment. Residents of HAVN Residences have access to the adjacent HAVN Yacht Club, which is one of the few full-service residential marinas in the area, providing various amenities including fuel and maintenance services.

Players

Barbara Hornyak

Compass

Broker

$7.7M

vol

3 deals

Broker
Compass
CompassBrokerage

Palm Beach Shores Condo Market Snapshot

Boundary boundary · Condo · Sale transactions

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Deal FAQ

About $901 per square foot on a published $2.4M for 2,662 square feet (2025).

Visit Barbara Hornyak to view all their deals.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

6.61%

Cash-on-Cash

-1.89%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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