Douglas Elliman Represents Buyer In $14.3M Single Family Home Sale In Palm Beach
SOLD
$14,349,750
Florida
See Similar DealsSingle Family Residence4,038 SF
Sold 08/24/2022
SOLD
Douglas Elliman Represents Buyer In $14.3M Single Family Home Sale In Palm Beach
152 Dolphin Road, Palm Beach, Florida 33480, United States
See Similar DealsSingle Family Residence4,038 SF
Sold 08/24/2022
Summary
FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$3,553
Total Square Footage:4,038 SF
Transaction Type:Sale
A Single Family property located at 152 Dolphin Rd in Palm Beach was recently sold for $14,349,750. The property spans 4,038 square feet, resulting in a price per square foot of $3,554.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $14,349,750
- Date: 08/24/2022
- Address: 152 Dolphin Rd
- Market: Palm Beach
- Asset Type: Single Family
The buyer's representative for this transaction was Spencer Schlager from Douglas Elliman, while the seller's representative was Austin Mcgurk from Brown Harris Stevens.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$765,319.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$50,981.64
Cash-on-Cash Return-1.27%
Monthly Debt Service$68,025.14
Annual Debt Service$816,301.63
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