Tony Sayegh & Maria Sayegh Purchase Single Family Home From Peter Gerhard & Kristen Gerhard For $17.13M
150 Kings Road
$17,125,000
$2,509/SF
Building Size
6,823 SF
Asset Type
Single Family Residence
Closing
May 5, 2026
AI
The asset involved in this transaction is a single-family home located at 150 Kings Road in the Palm Beach market. The property encompasses a total of 6,823 square feet and was sold for a price of $17,125,000, which equates to a price per square foot of $2,509.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $17,125,000
- Address: 150 Kings Road
- Market: Palm Beach
- Square Footage: 6,823
- Price per Square Foot: $2,509
- Buyer: Tony Sayegh & Maria Sayegh
- Seller: Peter Gerhard & Kristen Gerhard
- Buyer's Representative: Casey Flannery - Sotheby's International Realty
- Seller's Representative: S. Andrew Roopchand - The Chad Carroll Group - Compass
Casey Flannery represented the buyers, Tony Sayegh and Maria Sayegh, while S. Andrew Roopchand served as the representative for the sellers, Peter Gerhard and Kristen Gerhard, in this transaction.
Players
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
0.93%
Cash-on-Cash
-0.26%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93