Updated Oct 29, 2024
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
About this deal
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.
The single family residence sale at 12520 Seminole Beach Road, North Palm Beach, FL, USA in North Palm Beach, Florida sold for $48.2M in 2020. The building is 23,176 square feet, implying about 2.1K per square foot on the published price. Named participants on the 12520 Seminole Beach Road, North Palm Beach, FL, USA sale are Russell Weiner. This page is the North Palm Beach, Florida file for the 12520 Seminole Beach Road, North Palm Beach, FL, USA single family residence sold: pricing, party profiles, and other closed single family residence comps from the same North Palm Beach sit in the Market section below. Filter that North Palm Beach single family residence set by closing date to see what else sold near 12520 Seminole Beach Road, North Palm Beach, FL, USA around 2020. Published consideration for 12520 Seminole Beach Road, North Palm Beach, FL, USA is $48.2M, dated 2020. Cite this Tranquil Sunrise LLC & Calm Sunset LLC Acquire SFR In North Palm Beach For $48.2M sale when underwriting similar single family residence product around North Palm Beach, Florida.
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