Christian Angle Real Estate Acquires Single Family Palm Beach Property For $48.5M
1030 South Ocean Boulevard, Palm Beach, Florida 33480, United States
$48,500,000
$3,460/SF
Building Size
14,017 SF
Asset Type
Single Family Residence
Closing
Apr 11, 2022
AI
The property involved in the transaction is a Single Family home located at 1030 South Ocean Boulevard in Palm Beach, with a total area of 0.6 acres.
Summary of transation details
- Property Type: Single Family
- Transaction Amount: $48,500,000
- Date: 04/12/2022
- Square Footage: 14,017
- Price per Square Foot: $3,460
- Market: Palm Beach
The seller of the property is Nedim Soylemez & George Taylor, who represent Lion's View Holdings. The buyer's representative in the deal is Christian Angle from Christian Angle Real Estate. On the other hand, the seller's representative is Chris Deitz from Compass.
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
0.33%
Cash-on-Cash
-0.09%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93