Tranquil Sunrise LLC & Calm Sunset LLC Acquire SFR In North Palm Beach For $48.2M
12520 Seminole Beach Road, North Palm Beach, FL, USA
$48,200,000
$2,079/SF
Building Size
23,176 SF
Asset Type
Single Family Residence
Closing
Oct 18, 2020
AI
The property involved in this transaction is a single-family residence located at 12520 Seminole Beach Road & 12395 Banyan Road in North Palm Beach. The sale took place on October 19, 2020.
Summary of transaction details
- Property Type: Single-Family Residence
- Transaction Amount: $48,200,000
- Market: North Palm Beach
The buyer of the property is Tranquil Sunrise LLC & Calm Sunset LLC, while the seller is Russell Weiner.
North 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
0.33%
Cash-on-Cash
-0.09%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93