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131 Costello Road

Steven Orfali Purchases Single Family Home In West Palm Beach For $3.6M With Christopher Adeleke As Buyer's Rep
SOLDSingle Family Residence

Steven Orfali Purchases Single Family Home In West Palm Beach For $3.6M With Christopher Adeleke As Buyer's Rep

131 Costello Road

$3,600,000

$857/SF

Building Size

4,200 SF

Asset Type

Single Family Residence

Closing

Jan 13, 2026

AI

The property involved in this transaction is a single-family asset located at 131 Costello Road in West Palm Beach. The sale price of the property was $3,600,000, with a total square footage of 4,200 square feet, translating to a price per square foot of $857.

Summary of transaction details:

  • Property Type: Single Family
  • Transaction Amount: $3,600,000
  • Address: 131 Costello Road
  • Market: West Palm Beach
  • Square Footage: 4,200
  • Price Per Square Foot: $857
  • Buyer: Steven Orfali
  • Seller: Foster Kaali-Nagy
  • Buyer's Representative: Christopher Adeleke - Douglas Elliman

In this transaction, Steven Orfali acted as the buyer, while Foster Kaali-Nagy was the seller. The buyer was represented by Christopher Adeleke from Douglas Elliman, who facilitated the sale between the parties involved.

Players

Christopher Adeleke

Douglas Elliman

Broker

$32.4M

vol

12 deals

Broker
Douglas Elliman
Douglas EllimanBrokerage

West 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

4.41%

Cash-on-Cash

-1.26%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93