Ryan Johnston, Tara Johnston & F. Carlyle Tiller III Sell Condo In Palm Beach Shores For $2.825M
184 Lake Drive
$2,825,000
$1,068/SF
Building Size
2,644 SF
Asset Type
Condo
Closing
Oct 13, 2025
About this deal
AI
The property asset involved in this transaction is a condo located at 184 Lake Drive Unit 2201 in Palm Beach Shores. The sale price was $2,825,000, with a total square footage of 2,644 and a price per square foot of $1,068.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $2,825,000
- Address: 184 Lake Drive Unit 2201
- Market: Palm Beach Shores
- Seller: Ryan Johnston, Tara Johnston & F. Carlyle Tiller III
- Broker: Barbara Hornyak - Compass
- Square Footage: 2,644
- Price Per Square Foot: $1,068
The sellers of the condo are Ryan Johnston, Tara Johnston, and F. Carlyle Tiller III. The transaction was facilitated by Barbara Hornyak from Compass, representing the sellers in this deal.
Players
Palm Beach Shores 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
5.62%
Cash-on-Cash
-1.60%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93