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
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.
Palm Beach Development Site Market Snapshot
Boundary boundary · Development Site · Sale transactions
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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