Updated Dec 19, 2023
Douglas Elliman Real Estate Sells Palm Beach Single Family Home For $16.5M
134 Casa Bendita, Palm Beach, FL, USA
$16,500,000
$3,000/SF
Building Size
5,500 SF
Asset Type
Single Family Residence
Closing
Mar 17, 2021
About this deal
AI
A Single Family property located at 134 Casa Bendita in Palm Beach has been sold. The transaction took place on March 18, 2021. The property was sold for $16,500,000 with a square footage of 5,500. The price per square foot was $3,000.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $16,500,000
- Property Address: 134 Casa Bendita, Palm Beach
- Market: Palm Beach
- Broker: Jim McCann - Douglas Elliman Real Estate
Jim McCann from Douglas Elliman Real Estate represented the seller in this transaction.
Players
Palm Beach Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $3K per square foot on a published $16.5M for 5,500 square feet (2021).
Visit James (Jim) McCann to view all their deals.
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.96%
Cash-on-Cash
-0.27%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93