Todd Michael Glaser, Jonathan Fryd & Scott Robins Acquire Palm Beach Single Family For $85M
10 Tarpon Way, Palm Beach, FL 33480, USA
$85,000,000
$8,771/SF
Building Size
9,690 SF
Asset Type
Single Family Residence
Closing
Jul 7, 2020
AI
Located in Palm Beach, the single-family property at 10 Tarpon Isle recently changed hands in a closed transaction. The sale was finalized on July 7, 2021, with a sale price of $85,000,000. Spanning across 9,690 square feet, the property sits on a generous 2.3-acre lot. The price per square foot stands at $8,772, while the price per acre amounts to $36,956,522. The transaction involved Todd Michael Glaser, Jonathan Fryd, and Scott Robins as the buyers, and Eileen and William M. Toll as the sellers.
Summary of Transaction Details:
- Property Type: Single Family
- Transaction Amount: $85,000,000
- Address: 10 Tarpon Isle, Palm Beach
- Market: Palm Beach
Suzanne Frisbie of The Corcoran Group represented the buyers, while Jim McCann of Premier Estate Properties and Adam McPherson of Douglas Elliman served as the seller's representatives for this notable transaction.
Note: No additional details were provided regarding this transaction.
Players
Palm Beach Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.19%
Cash-on-Cash
-0.05%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93