Updated Oct 28, 2024
Beatrice Tollman's Red Carnation Hotel Sells Palm Beach SFR For $57M With Suzanne Frisbie As Buyer's Rep
174 Via Del Lago, Palm Beach, FL, USA
$57,000,000
$3,072/SF
Building Size
18,554 SF
Asset Type
Single Family Residence
Closing
Mar 25, 2021
About this deal
AI
A single-family residence located at 174 Via Del Lago in Palm Beach has been sold in a recent transaction. The property, with a total area of 18,554 square feet, was sold for a price of $57,000,000. This translates to a price per square foot of $3,072. Additionally, the property sits on approximately 2.98 acres, which equates to a price per acre of $19,127,517.
Summary of transaction details
- Property Type: Single-Family Residence
- Transaction Amount: $57,000,000
- Address: 174 Via Del Lago, Palm Beach
- Market: Palm Beach
Beatrice Tollman from Red Carnation Hotel acted as the seller in this transaction, while Suzanne Frisbie, representing Premier Estate Properties, represented the buyer. Christian Angle from Christian Angle Real Estate served as the seller's representative in the deal.
Players
Palm Beach Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
Loading comparables…
Deal FAQ
About $3.1K per square foot on a published $57M for 18,554 square feet (2021).
Visit Suzanne Frisbie to view all their deals.
Browse Florida single family residence sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.28%
Cash-on-Cash
-0.08%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93