Margit Brandt Of Premier Estate Properties Represents Seller In Palm Beach Single Family Sale For $18.95M
SOLD
$18,950,000
Florida
See Similar DealsSingle Family Residence7,633 SF
Sold 05/01/2025
SOLD
Margit Brandt Of Premier Estate Properties Represents Seller In Palm Beach Single Family Sale For $18.95M
142 Via Palma
See Similar DealsSingle Family Residence7,633 SF
Sold 05/01/2025
Summary
FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$2,482
Total Square Footage:7,633 SF
Transaction Type:Sale
The property asset involved in this transaction is a single-family home located at 142 Via Palma in the Palm Beach market. This residence has a total square footage of 7,633 and is listed at a price of $18,950,000, resulting in a price per square foot of $2,482.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $18,950,000
- Square Footage: 7,633
- Price per Square Foot: $2,482
- Address: 142 Via Palma
- Market: Palm Beach
- Seller's Representative: Margit Brandt - Premier Estate Properties
Margit Brandt serves as the representative for the seller in this transaction, working with Premier Estate Properties to facilitate the deal involving the single-family home at 142 Via Palma.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$1,010,666.66
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$67,325.36
Cash-on-Cash Return-1.27%
Monthly Debt Service$89,832.67
Annual Debt Service$1,077,992.01
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