Updated Oct 29, 2024
Robert Johnson Acquires $20M Single Family Property In Palm Beach Gardens
12236 Tillinghast Cir Palm Beach Gardens, FL 33418, USA
$20,000,000
$1,473/SF
Building Size
13,569 SF
Asset Type
Single Family Residence
Closing
Jun 1, 2023
About this deal
AI
Robert Johnson, BET Co-Founder, has purchased a single-family property located at 12236 Tillinghast Circle in Palm Beach Gardens. The property spans 13,569 square feet and was sold for $20,000,000, resulting in a price per square foot of $1,474.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $20,000,000
- Address: 12236 Tillinghast Circle, Palm Beach Gardens
- Square Footage: 13,569
- Price per Square Foot: $1,474
The transaction was facilitated by Blair Kirwan of Brown Harris Stevens as the buyer's representative and Vincent Marotta of Illustrated Properties LLC as the seller's representative.
On the Map
$20,000,000
$1,473/SF
Single Family Residence
View full map
Players
Miami Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
Loading comparables…
Deal FAQ
About $1.5K per square foot on a published $20M for 13,569 square feet (2023).
Visit Blair Kirwan to view all their deals.
Browse Miami single family residence sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.79%
Cash-on-Cash
-0.23%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93