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North Palm Beach Single Family Residence Sells For $25M
SOLD
$25,000,000
Florida
See Similar DealsSingle Family Residence
Sold 05/06/2023
SOLD
North Palm Beach Single Family Residence Sells For $25M
11542 Turtle Beach Rd North Palm Beach, FL 33408, USA
See Similar DealsSingle Family Residence
Sold 05/06/2023
Summary
FLORIDA
Asset Type:Single Family Residence
Transaction Type:Sale
A Single Family Residence located in North Palm Beach has been sold for a staggering price of $25,000,000. The property's square footage and price per square foot were not disclosed in the provided information.
Summary of transation details
- Property Type: Single Family Residence
- Transaction Amount: $25,000,000
No additional details regarding the buyer, seller, buyer's representative, seller's representative, or brokers involved in the transaction were provided. The market in which the property was sold was also not specified.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$1,333,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$88,819.73
Cash-on-Cash Return-1.27%
Monthly Debt Service$118,512.75
Annual Debt Service$1,422,153.05
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