Andy Travaglia Sells Single Family Home At 127 Reef Road Palm Beach For $12M With Douglas Elliman
127 Reef Road
$12,000,000
$3,048/SF
Building Size
3,936 SF
Asset Type
Single Family Residence
Closing
Jan 22, 2025
AI
The property asset involved in the transaction is located at 127 Reef Road, Palm Beach. This single-family residence features a total square footage of 3,936 and was sold for $12,000,000, resulting in a price per square foot of $3,048.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $12,000,000
- Address: 127 Reef Road
- Market: Palm Beach
- Square Footage: 3,936
- Price Per Square Foot: $3,048
- Seller: Andy Travaglia
- Broker Representatives: Jack Rooney & Adam McPherson - Douglas Elliman
The deal was represented by brokers Jack Rooney and Adam McPherson, who are affiliated with Douglas Elliman, showcasing their expertise in the Palm Beach market during this transaction.
Players
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
1.32%
Cash-on-Cash
-0.38%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93