Mary Frances Garrett Acquires Single Family Home In Palm Beach For $23.5M
1285 North Ocean Boulevard, Delray Beach, Florida 33435, United States
$23,525,250
$7,174/SF
Building Size
3,279 SF
Asset Type
Single Family Residence
Closing
Mar 3, 1922
AI
The single family property located at 1285 N Ocean Blvd in Palm Beach, FL has been sold in a closed transaction. The property spans across 3,279 square feet and was sold for a price of $23,525,250, resulting in a price per square foot of $7,175.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $23,525,250
- Address: 1285 N Ocean Blvd, Palm Beach, FL
- Market: Palm Beach, FL
The buyer of the property is Mary Frances Garrett and the seller is Andrew Cooper.
Players
Delray 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
0.67%
Cash-on-Cash
-0.19%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93