Tom Shaw Of Sotheby’s Acquires Palm Beach SFR For $8.75M
118 Seaview Avenue, Palm Beach, FL, USA
$8,750,000
$1,830/SF
Building Size
4,781 SF
Asset Type
Single Family Residence
Closing
Jan 28, 2021
AI
A single-family residential property located at 118 Seaview Avenue in Palm Beach was recently sold for $8,750,000. The property spans 4,781 square feet and was sold at a price per square foot of $1,830.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $8,750,000
- Date: 01/29/2021
- Address: 118 Seaview Avenue
- Market: Palm Beach
The sellers, Elzbieta and Thomas B. D’Agostino Sr., were represented by Christian Angle of Christian Angle Real Estate. The buyer's representative in this transaction was Tom Shaw from Sotheby’s International Realty.
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
1.81%
Cash-on-Cash
-0.52%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93