Todd Peter Of Sotheby's International Realty Represents Buyer In $58 Million Palm Beach Sale
$58,000,000
$5,922/SF
Building Size
9,794 SF
Asset Type
Single Family Residence
Closing
Apr 1, 2026
AI
This single-family property, located in Palm Beach, has a sale price of $58,000,000. It features a substantial 9,794 square feet of living space, resulting in a price per square foot of $5,921.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $58,000,000
- Square Footage: 9,794
- Price Per Square Foot: $5,921
- Buyer's Representative: Todd Peter - Sotheby's International Realty
- Seller's Representative: Margit Brandt - Premier Estate Properties
- Market: Palm Beach
The transaction was facilitated by Todd Peter representing the buyer through Sotheby's International Realty, while Margit Brandt represented the seller via Premier Estate Properties, ensuring a seamless transaction process for both parties involved.
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
0.27%
Cash-on-Cash
-0.08%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93