Updated Dec 19, 2023
Ryan Serhant & Chris Leavitt Sell North Palm Beach SFR For $39.5M
12088 Banyan Road, North Miami, FL, USA
$39,500,000
$2,095/SF
Building Size
18,852 SF
Asset Type
Single Family Residence
Closing
Jun 9, 2020
About this deal
AI
Located at 12088 Banyan Road in North Palm Beach, this single-family residential property was recently sold in a closed transaction. The property spans approximately 18,852 square feet and boasts a sale price of $39,500,000, resulting in a price per square foot of $2,095. Represented by Ryan Serhant from Serhant and Chris Leavitt from Douglas Elliman Real Estate, the deal was successfully closed on 06/09/2021.
Summary of transaction details:
- Property Type: SFR
- Transaction Amount: $39,500,000
- Address: 12088 Banyan Road
- Market: North Palm Beach
During this closed transaction, Ryan Serhant from Serhant and Chris Leavitt from Douglas Elliman Real Estate played vital roles as the brokers representing the involved parties. Their expertise and professionalism contributed to the successful completion of the deal.
Players
North Miami 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
0.40%
Cash-on-Cash
-0.11%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93