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.
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