Updated Dec 4, 2024
Kathryn Adams Limbaugh Sells Palm Beach Single Family Property For $155M
1495 North Ocean Boulevard, Palm Beach, Florida 33480, United States
$155,000,000
$6,458,333/SF
Building Size
24 SF
Asset Type
Single Family Residence
Closing
Mar 8, 2023
About this deal
AI
The property involved in this closed transaction is a single-family home located at 1495 N Ocean Blvd in Palm Beach. The property sits on a spacious 2.7-acre lot, offering ample space and privacy.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $155,000,000
- Address: 1495 N Ocean Blvd
- Market: Palm Beach
- ACRES: 2.7
The seller of this property is Kathryn Adams Limbaugh. The sale price for this transaction was $155,000,000, reflecting a price per square foot of $6,458. The property itself spans 24,000 square feet, offering a spacious living environment for the future owner.
Note: Please refer to the provided image by Kathryn Adams Limbaugh on Instagram for a visual representation of the property.
Players
Palm Beach Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $6.5M per square foot on a published $155M for 24 square feet (2023).
Browse Florida single family residence sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.10%
Cash-on-Cash
-0.03%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93