Margit Brandt Of Premier Estate Properties Represents Buyer In $30.82M Palm Beach Sale
1246 Lake Way
$30,800,000
$4,492/SF
Building Size
6,856 SF
Asset Type
Single Family Residence
Closing
Apr 21, 2026
AI
The property is located at 1246 Lake Way in the Palm Beach market. This single-family asset encompasses a total area of 6,856 square feet and has been sold for a price of $30,822,532.
Summary of transation details:
- Property Type: Single Family
- Transaction Amount: $30,822,532
- Address: 1246 Lake Way
- Market: Palm Beach
- Square Footage: 6,856
- Buyer's Representative: Margit Brandt - Premier Estate Properties
- Seller's Representative: Christian Angle - Christian Angle Real Estate
Margit Brandt acted as the representative for the buyer in this transaction, while Christian Angle represented the seller. Their involvement reflects the professional brokerage support for both parties during the sale process.
Players
Palm Beach Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.52%
Cash-on-Cash
-0.15%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93