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10 Sloans Curve Drive, Palm...

Valor Capital Group Acquires Palm Beach Townhouse For $7.5M
SOLDOther

Valor Capital Group Acquires Palm Beach Townhouse For $7.5M

10 Sloans Curve Drive, Palm Beach, Florida 33480, United States

$7,500,000

$1,359/SF

Building Size

5,517 SF

Asset Type

Other

Closing

Feb 27, 2022

AI

Located in Palm Beach, the townhouse at 10 Sloans Curve Drive Unit 10 has been sold in a recent transaction. The property offers 5,517 square feet of space and features a modern design. The sale took place on 02/28/2022.

Summary of transaction details:

  • Property Type: Townhouse
  • Transaction Amount: $7,500,000
  • Address: 10 Sloans Curve Drive Unit 10
  • Market: Palm Beach

The buyer, Barbara Sobel, and Clifford M. Sobel from Valor Capital Group acquired the property. They were represented by Fern Fodiman of Sotheby’s International Realty. The seller, Peter Harvey, acted as the Trustee of the Harvey Revocable Trust.

The townhouse boasts a spacious interior and a prime location in Palm Beach. With a sale price of $7,500,000, the property offers a comfortable and stylish living space. The transaction was facilitated by Fern Fodiman of Sotheby’s International Realty, who represented the buyer's interests in the deal.

Players

Fern Fodiman

Sotheby's International Realty

Broker

$14.9M

vol

2 deals

Broker

Palm Beach Other Market Snapshot

Boundary boundary · Other · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.12%

Cash-on-Cash

-0.60%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93