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1610 North Ocean Boulevard

Todd Peter Of Sotheby's International Realty Represents Buyer In $58 Million Palm Beach Sale
SOLDSingle Family Residence

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

Todd Peter

Sotheby's International Realty

Broker

$277.9M

vol

12 deals

Broker

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