MS Breakers LLC Acquires Oceanfront Condo From Diane Dena Trust For $12.1M In Palm Beach
2 North Breakers Row No. S-34
$12,100,000
$3,642/SF
Building Size
3,322 SF
Asset Type
Condo
Closing
Jul 27, 2026
AI
A condo located at 2 North Breakers Row No. S-34 in Palm Beach, FL was sold in a private transaction for $12.1 million. The property spans 3,322 square feet, resulting in a price per square foot of $3,642.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $12,100,000
- Buyer: MS Breakers LLC
- Seller: Diane "Dena" Trust
- Broker: Lawrence Moens - Lawrence A. Moens Associates Inc
- Square Footage: 3,322
- Price Per Square Foot: $3,642
Lawrence Moens represented both the buyer, MS Breakers LLC, and the seller, Diane "Dena" Trust, in this transaction. The condominium is an oceanfront residence in a sought-after location, showcasing the value of real estate in the Palm Beach market.
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
1.31%
Cash-on-Cash
-0.37%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93