Updated Oct 29, 2024
Arnold Fisher Acquires Palm Beach SFR For $7.15M From Seller ShadowCorp Holdings
226 Kenlyn Road, Palm Beach, FL, USA
$7,150,000
$1,557/SF
Building Size
4,592 SF
Asset Type
Development Site
Closing
Mar 19, 2019
About this deal
AI
On 03/20/2019, a single-family residential property located at 226 Kenlyn Road in Palm Beach, Miami, was sold for $7,150,000. The property spans across 4,592 square feet, resulting in a price per square foot of $1,557.
Summary of transaction details:
- Property Type: SFR
- Transaction Amount: $7,150,000
- Address: 226 Kenlyn Road, Palm Beach, Miami
- Market: Palm Beach
- City: Miami
- Square Footage: 4,592
The buyer of the property was Arnold Fisher from Fisher Brothers, while the seller was ShadowCorp Holdings.
The development site sale at 226 Kenlyn Road, Palm Beach, FL, USA in Palm Beach, Florida sold for $7.2M in 2019. The building is 4,592 square feet, implying about 1.6K per square foot on the published price. Named participants on the 226 Kenlyn Road, Palm Beach, FL, USA sale are Arnold Fisher. This page is the Palm Beach, Florida file for the 226 Kenlyn Road, Palm Beach, FL, USA development site sold: pricing, party profiles, and other closed development site comps from the same Palm Beach sit in the Market section below. Filter that Palm Beach development site set by closing date to see what else sold near 226 Kenlyn Road, Palm Beach, FL, USA around 2019. Published consideration for 226 Kenlyn Road, Palm Beach, FL, USA is $7.2M, dated 2019. Cite this Arnold Fisher Acquires Palm Beach SFR For $7.15M From Seller ShadowCorp Holdings sale when underwriting similar development site product around Palm Beach, Florida.
Palm Beach Development Site Market Snapshot
Boundary boundary · Development Site · Sale transactions
Loading comparables…
Deal FAQ
About $1.6K per square foot on a published $7.2M for 4,592 square feet (2019).
Visit Arnold Fisher to view all their deals.
Browse Florida development site sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.22%
Cash-on-Cash
-0.63%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93