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
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