Margit Brandt Acquires Palm Beach Townhouse For $18.6M
219 Brazilian Avenue, Palm Beach, Florida 33480, United States
$18,600,000
$3,648/SF
Building Size
5,098 SF
Asset Type
Other
Closing
May 1, 2022
About this deal
AI
A townhouse located at 219 Brazilian Ave in Palm Beach has been sold for $18,600,000. The property spans 5,098 square feet, resulting in a price per square foot of $3,648.
Summary of transaction details
- Property Type: Townhouse
- Transaction Amount: $18,600,000
- Address: 219 Brazilian Ave, Palm Beach
- Market: Palm Beach
The buyer's representative in this deal was Margit Brandt, while Jim McCann from Premier Estate Properties represented the seller.
The other sale at 219 Brazilian Avenue, Palm Beach, Florida 33480, United States in Palm Beach, Florida sold for $18.6M in 2022. The building is 5,098 square feet, implying about 3.6K per square foot on the published price. Margit Brandt, James (Jim) McCann, Premier Estate Properties appear on the sale alongside Premier Estate Properties. This page is the Palm Beach, Florida file for the 219 Brazilian Avenue, Palm Beach, Florida 33480, United States other sold: pricing, party profiles, and other closed other comps from the same Palm Beach sit in the Market section below. Filter that Palm Beach other set by closing date to see what else sold near 219 Brazilian Avenue, Palm Beach, Florida 33480, United States around 2022. Published consideration for 219 Brazilian Avenue, Palm Beach, Florida 33480, United States is $18.6M, dated 2022. Cite this Margit Brandt Acquires Palm Beach Townhouse For $18.6M sale when underwriting similar other product around Palm Beach, Florida.
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Palm Beach Other Market Snapshot
Boundary boundary · Other · Sale transactions
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Deal FAQ
About $3.6K per square foot on a published $18.6M for 5,098 square feet (2022).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.85%
Cash-on-Cash
-0.24%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93