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127 Dunbar Rd, Palm Beach, ...

Kim & Todd Michael Glaser Acquire Palm Beach SFR For $17M
SOLDSingle Family Residence

Kim & Todd Michael Glaser Acquire Palm Beach SFR For $17M

127 Dunbar Rd, Palm Beach, FL 33480, USA

$17,000,000

$188/SF

Building Size

90,280 SF

Asset Type

Single Family Residence

Closing

Jun 24, 2020

AI

Kim and Todd Michael Glaser have recently purchased a single-family home located at 127 Dunbar Road in Palm Beach. The property was sold by William H. Eberhardt, with Lawrence Moens of Lawrence A. Moens Associates representing both parties in the transaction.

Summary of transation details

  • Property Type: Single-Family Home
  • Transaction Amount: $17,000,000
  • Square Footage: 9,028
  • Address: 127 Dunbar Road, Palm Beach

The sale of this property marks a significant real estate transaction in Palm Beach. Kim and Todd Michael Glaser have acquired a spacious single-family home with a total area of 9,028 square feet. The transaction was facilitated by Lawrence Moens from Lawrence A. Moens Associates, who represented both the buyers and the sellers.

Players

Lawrence Moens

Broker

$2.4B

vol

64 deals

Broker

Todd Michael Glaser

Randall Realty Group

Buyer

$974.3M

vol

41 deals

Buyer

William H. Eberhardt

Seller

$20.8M

vol

2 deals

Seller

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

0.93%

Cash-on-Cash

-0.27%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93