Updated Dec 20, 2023
Michael G Browning Acquires Single Family Property In North Palm Beach For $13M
11221 Old Harbour Road, North Palm Beach, Florida 33408, United States
$13,073,575
$2,396/SF
Building Size
5,456 SF
Asset Type
Single Family Residence
Closing
Apr 13, 2022
About this deal
AI
The single-family property located at 11221 Old Harbour Rd in North Palm Beach, FL was recently sold in a closed transaction. The property spans 5,456 square feet and was sold for a total price of $13,073,575, resulting in a price per square foot of $2,396.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $13,073,575
- Address: 11221 Old Harbour Rd
- Market: North Palm Beach, FL
The buyer of the property was Michael G Browning, while the sellers were Eric Paul Gioia and Patricia J Gioia.
Players
North 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
1.21%
Cash-on-Cash
-0.35%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93