Sotheby's International Realty Sells Palm Beach SFR For $16M
130 Brazilian Avenue, Palm Beach, Florida 33480, United States
$16,000,000
$3,102/SF
Building Size
5,157 SF
Asset Type
Single Family Residence
Closing
Aug 14, 2022
AI
A single-family residential property located at 130 Brazilian Ave in Palm Beach has been sold for $16,000,000. The property spans across 5,157 square feet, resulting in a price per square foot of $3,103. The transaction took place on August 15, 2022. The sale was facilitated by Greg Forest of Sotheby's International Realty.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $16,000,000
- Address: 130 Brazilian Ave
- Market: Palm Beach
- Square Footage: 5,157
- Price per Square Foot: $3,103
- Agent: Greg Forest - Sotheby's International Realty
Gaining attention in the Palm Beach market, this single-family residential property at 130 Brazilian Ave was successfully sold by Sotheby's International Realty, represented by Greg Forest. The transaction, which took place on August 15, 2022, marked a significant milestone in the market. The property's impressive size of 5,157 square feet and the selling price of $16,000,000 contributed to its prominence in the Palm Beach market.
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
0.99%
Cash-on-Cash
-0.28%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93