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10 Tarpon Way, Palm Beach, ...

Todd Michael Glaser, Jonathan Fryd & Scott Robins Acquire Palm Beach Single Family For $85M
SOLDSingle Family Residence

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

James McCann

Premier Estate Properties

Broker

$541.1M

vol

22 deals

Broker
Scott Robins

Scott Robins

Buyer

$209.5M

vol

10 deals

Buyer

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