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110 Clarendon Avenue, Palm ...

Jamie Klein Sells Palm Beach Single Family Property For $33M Through Sonja Stevens Sotheby’s International Realty
SOLDSingle Family Residence

Jamie Klein Sells Palm Beach Single Family Property For $33M Through Sonja Stevens Sotheby’s International Realty

110 Clarendon Avenue, Palm Beach, Florida 33480, United States

$33,000,000

$2,788/SF

Building Size

11,835 SF

Asset Type

Single Family Residence

Closing

Feb 9, 2022

AI

The single-family property located at 110 Clarendon Avenue in Palm Beach has been sold. The property spans across 0.7 acres, providing ample space for residents to enjoy. The sale was facilitated by Jamie Klein of North Fifth Services and brokered by Sonja Stevens of Sotheby's International Realty. The transaction took place on February 10, 2022.

Summary of transaction details

  • Property Type: Single Family
  • Transaction Amount: $33,000,000
  • Address: 110 Clarendon Avenue
  • Market: Palm Beach
  • Asset Type: Single Family
  • Acres: 0.7

The property offers a generous living space of 11,835 square feet, ensuring comfort and luxury for its occupants. The price per square foot (PPSF) for the transaction was $2,788, reflecting the value and desirability of the property. Sonja Stevens of Sotheby's International Realty represented the seller, Jamie Klein of North Fifth Services, in this successful transaction.

Players

Sonja Stevens

Sotheby's International Realty

Broker

$61.6M

vol

3 deals

Broker

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

0.48%

Cash-on-Cash

-0.14%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93