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2 North Breakers Row, Palm ...

Deborah A Turner And Bane Pinnacle Acquire Condo Unit In Palm Beach,FL For $17.68M
SOLDCondo

Deborah A Turner And Bane Pinnacle Acquire Condo Unit In Palm Beach,FL For $17.68M

2 North Breakers Row, Palm Beach, Florida, USA

$17,680,000

$101,028/SF

Building Size

175 SF

Asset Type

Condo

Closing

Jan 11, 2021

AI

The property involved in this closed transaction is a condominium unit located at 2 N Breakers Row, Palm Beach, FL. The unit has a total square footage of 175. The transaction took place on November 1, 2021, with Deborah A Turner and Bane Pinnacle as the buyers. The seller in this deal was Fennell Shirley. The sale price for the property was $17,680,000, resulting in a price per square foot of $101,029.

Summary of transaction details:

  • Property Type: Condo Unit
  • Transaction Amount: $17,680,000
  • Buyer: Deborah A Turner, Bane Pinnacle
  • Seller: Fennell Shirley
  • Address: 2 N Breakers Row, Palm Beach, FL
  • Square Footage: 175
  • Price per Square Foot: $101,029

In addition to the property and transaction details, it is worth noting that Deborah A Turner and Bane Pinnacle were represented by their broker in this deal. However, no additional information about the individuals or companies involved in the transaction was provided.

Players

Deborah A Turner

Buyer

$35.4M

vol

2 deals

Buyer

Fennell Shirley

Seller

$35.4M

vol

2 deals

Seller

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

0.90%

Cash-on-Cash

-0.26%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93