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
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.
Players
Miami 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
0.79%
Cash-on-Cash
-0.23%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93