$12M Sale Of Single Family Home On Kings Road In Palm Beach With Buyer's Rep Douglas Elliman
168 Kings Road
$12,000,000
$718/SF
Building Size
16,710 SF
Asset Type
Single Family Residence
Closing
Feb 20, 2025
AI
The property asset involved in this transaction is a single-family home located at 168 Kings Road in the Palm Beach market. The sale was finalized for a price of $12,000,000. The property encompasses a total area of 16,710 square feet, translating to a price per square foot of approximately $718.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $12,000,000
- Address: 168 Kings Road
- Market: Palm Beach
- Square Footage: 16,710
- Price Per Square Foot: $718
- Buyer's Representative: Cara Coniglio McClure & Lisa Wilkinson - Douglas Elliman
- Seller's Representative: Brooke Alexandra Murphy - Compass
Key individuals involved in the transaction include the buyer's representatives, Cara Coniglio McClure and Lisa Wilkinson, both affiliated with Douglas Elliman, and the seller's representative, Brooke Alexandra Murphy from Compass. Each representative played a crucial role in facilitating the real estate 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
1.32%
Cash-on-Cash
-0.38%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93