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Record Breaking Sale On Palm Island: William Campbell Sells SFR For $32M

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SOLD
$32,000,000

Florida

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Single Family Residence14,000 SF
Sold 02/17/2023
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SOLD

Record Breaking Sale On Palm Island: William Campbell Sells SFR For $32M

158 Palm Avenue

See Similar Deals
Single Family Residence14,000 SF
Sold 02/17/2023
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Summary

FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$2,285
Total Square Footage:14,000 SF
Transaction Type:Sale

The record-breaking sale of 158 Palm Avenue in Miami Beach has made headlines in the real estate market. This single-family residence (SFR) was sold for a remarkable price of $32,000,000, setting a new benchmark for Palm Island. The property boasts a generous size of 14,000 square feet, with a price per square foot (PPSF) of $2,286, showcasing the high-value nature of this transaction.

Summary of transaction details

The successful completion of this deal was made possible through the expertise and negotiation skills of the buyer's representative, David Pullman from The Waterfront Team at Sotheby's International Realty. Working on behalf of the seller, Lourdes Alatriste from Douglas Elliman played a crucial role in ensuring a smooth transaction.

With its stunning features, prime location, and impressive sale price, the sale of 158 Palm Avenue is truly a remarkable achievement in the Miami Beach real estate market.

Players

Lourdes Alatriste
38 deals$535.9M volume(305) 926-5322
BROKER

David Pullman
Sotheby's International Realty
13 deals$94.3M volume
BROKER

Details

SOLD
IMAGE: David Pullman, Lourdes Alatriste DATE: 02/17/2023 ADDRESS: 158 Palm Avenue MARKET: Miami Beach ASSET TYPE: SFR SELLER: William Campbell BUYER'S REP: David Pullman (@Dpullman) - The Waterfront Team (@TheWaterFrontTeam) - Sotheby's International Realty (@SothebysRealty) SELLER'S REP: Lourdes Alatriste (@LourdesAlatriste) - Douglas Elliman (@DouglasEllimanFlorida) SALE PRICE: $32,000,000 SF: 14,000 ~ PPSF: $2,286 NOTE FROM WSJ: Record Breaking Sale on Palm Island

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Debt Service Coverage Ratio (DSCR)

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