Updated Dec 20, 2023
Franklyn P. DeMarco Jr. Sells Palm Beach SFR For $11M To Buyer's Rep Spencer Schlager - Douglas Elliman
201 Dunbar Road, Palm Beach, FL, USA
$11,000,000
$1,412/SF
Building Size
7,788 SF
Asset Type
Single Family Residence
Closing
Dec 20, 2020
About this deal
AI
The single-family residence located at 201 Dunbar Road in Palm Beach has been sold for $11,000,000. The property spans 7,788 square feet, resulting in a price per square foot of $1,412. The transaction took place on December 21, 2020.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $11,000,000
- Address: 201 Dunbar Road, Palm Beach
- Market: Palm Beach
- Square Footage: 7,788
- Price Per Square Foot: $1,412
The seller of the property was Franklyn P. DeMarco Jr. Representing the seller was Betsy Fry of Sotheby's International Realty. The buyer was assisted by Spencer Schlager from Douglas Elliman Real Estate.
Players
Palm Beach Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $1.4K per square foot on a published $11M for 7,788 square feet (2020).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.44%
Cash-on-Cash
-0.41%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93