facebook
Traded Co logo
Submit
Daily limit: 0/10

3110 Washington Road Trust Acquires 0.74 Acre Lot From Nedim Soylemez For $15 Million

Property Image
SOLD
$15,000,000

Florida

See Similar Deals
Land
Sold 02/19/2026
the dealplayerscompscontact
Property Image
SOLD

3110 Washington Road Trust Acquires 0.74 Acre Lot From Nedim Soylemez For $15 Million

3110 Washington Road

See Similar Deals
Land
Sold 02/19/2026
the dealplayerscompscontact
Contact now

Summary

FLORIDA
Asset Type:Land
Transaction Type:Sale

A 0.74-acre vacant lot at 3110 Washington Road in West Palm Beach sold for $15 million. The asset is located in a market that has shown strong demand for luxury waterfront lots. The property was previously sold for $4.2 million in 2021, and the home on site has been demolished.

Summary of transaction details:

  • Property Type: Land
  • Transaction Amount: $15,000,000
  • Address: 3110 Washington Road
  • Market: West Palm Beach
  • Acres: 0.74
  • Buyer: 3110 Washington Road Trust
  • Seller: Nedim Soylemez - Lion’s View Holdings

The 3110 Washington Road Trust has Maura Ziska, a Palm Beach attorney, serving as the trustee. The seller, Nedim Soylemez, is associated with 3110Washington LLC, from which the property was purchased.

Players

NS
Nedim Soylemez
3 deals$94.2M volume
SELLER

Details

SOLD
IMAGE: 02/19/2026 ADDRESS: 3110 Washington Road MARKET: West Palm Beach ASSET TYPE: Land ~ ACRES: 0.74 BUYER: 3110 Washington Road Trust SELLER: Nedim Soylemez - Lion’s View Holdings SALE PRICE: $15,000,000 NOTE: A 0.74-acre vacant lot at 3110 Washington Road in West Palm Beach sold for $15 million to the 3110 Washington Road Trust, with Palm Beach attorney Maura Ziska as trustee, from 3110Washington LLC, led by Nedim Soylemez.The property, which last traded for $4.2 million in 2021 and had its home demolished, reflects strong demand for luxury waterfront lots as West Palm Beach attracts more financial and tech firms.

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$799,999.99

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$53,291.84
Cash-on-Cash Return-1.27%
Monthly Debt Service$71,107.65
Annual Debt Service$853,291.83