Bruce Taylor Sells Palm Beach SFR To Buyer's Rep Nick Grodzicki For $14.75M
177 Clarke Avenue, Palm Beach, Florida 33480, United States
$14,750,000
$2,091/SF
Building Size
7,052 SF
Asset Type
Single Family Residence
Closing
Jun 5, 2022
AI
A single-family residence located at 177 Clarke Ave in Palm Beach has been sold. The property, with a total area of 8,974 square feet, was sold for an amount of $14,750,000. This translates to a price per square foot of $1,644. The sale took place on 06/06/2022.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $14,750,000
- Address: 177 Clarke Ave
- Market: Palm Beach
The seller of the property was Bruce Taylor. Representing the buyer was Nick Grodzicki from the GrodzickiGroup at Compass. Brown Harris Stevens acted as the seller's representative in the deal.
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
1.08%
Cash-on-Cash
-0.31%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93