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Twin Hearts Palm Beach Realty Trust Acquires SFR On Atlantic Avenue For $8M

Property Image
SOLD
$8,000,000
Dana Koch
Christian Angle

Florida

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Single Family Residence41,050 SF
Sold 05/26/2020
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Property Image
SOLD

Twin Hearts Palm Beach Realty Trust Acquires SFR On Atlantic Avenue For $8M

110 Atlantic Ave, Palm Beach, FL 33480, USA

See Similar Deals
Single Family Residence41,050 SF
Sold 05/26/2020
Dana Koch
Christian Angle
the dealplayerscompscontact
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Summary

FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$194
Total Square Footage:41,050 SF
Transaction Type:Sale

A single-family home located at 110 Atlantic Avenue in Palm Beach has recently been sold for $8,000,000. This property spans 4,105 square feet and was sold at a price of $1,948 per square foot.

Summary of transaction details:

  • Property Type: SFR
  • Transaction Amount: $8,000,000
  • Address: 110 Atlantic Avenue, Palm Beach
  • Market: Palm Beach

The buyer of this property is Twin Hearts Palm Beach Realty Trust, represented by Andrea Salvi. The sellers are Heidi & Scott Schuster from Wingate Healthcare. The transaction was facilitated by brokers Christian Angle & Dana Koch from the Corcoran Group.

Players

Christian Angle
Christian Angle Real Estate
Christian Angle
99 deals$2.7B volume(561) 659-6551
BROKER
Dana Koch
The Corcoran Group
Dana Koch
42 deals$1B volume
BROKER

Details

SOLD
IMAGE: Scott Schuster, Christian Angle & Dana Koch DATE: 05/26/2020 ADDRESS: 110 Atlantic Avenue MARKET: Palm Beach ASSET TYPE: SFR PRICE: $8,000,000 SF: 4,105 PPSF: $1,948 BUYER: Twin Hearts Palm Beach Realty Trust – Andrea Salvi SELLER: Heidi & Scott Schuster – Wingate Healthcare BROKERS: Christian Angle & Dana Koch – Corcoran Group

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

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