Updated Dec 21, 2023
Douglas Elliman Represents $80M Single Family Sale In North Palm Beach
12525 Seminole Beach Road, North Palm Beach, FL, USA
$80,000,000
$5,156/SF
Building Size
15,514 SF
Asset Type
Single Family Residence
Closing
Apr 7, 2021
About this deal
AI
Located in North Palm Beach, the property at 12525 Seminole Beach Road was recently sold in a single family transaction. The sale was facilitated by Chris Leavitt and Ashley McIntosh from Douglas Elliman, who represented the seller, and Tonja Garamella, also from Douglas Elliman, who represented the buyer.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $80,000,000
- Market: North Palm Beach
- Address: 12525 Seminole Beach Road
Chris Leavitt, Ashley McIntosh, and Tonja Garamella played pivotal roles in the successful completion of this transaction. They provided their expertise and represented the parties involved in the deal to ensure a smooth process.
Players
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
0.20%
Cash-on-Cash
-0.06%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93