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210 Via Del Mar, Palm Beach...

Todd Michael Glaser Acquires 8,051 SF Palm Beach Single Family For $23.75M
SOLDSingle Family Residence

Todd Michael Glaser Acquires 8,051 SF Palm Beach Single Family For $23.75M

210 Via Del Mar, Palm Beach, FL, USA

$23,750,000

$2,949/SF

Building Size

8,051 SF

Asset Type

Single Family Residence

Closing

May 8, 2021

AI

A single-family home located at 210 Via Del Mar in Palm Beach has been sold for $23,750,000. The property spans 8,051 square feet, resulting in a price per square foot of $2,950. The transaction took place on 05/09/2021.

Summary of transaction details:

  • Property Type: Single Family
  • Transaction Amount: $23,750,000
  • Address: 210 Via Del Mar
  • Market: Palm Beach
  • Buyer: Todd Michael Glaser
  • Seller: Robert & Myron Miller
  • Broker: Lawrence Moens - Lawrence A. Moens Associates

Todd Michael Glaser purchased the property from Robert & Myron Miller. The deal was facilitated by Lawrence Moens of Lawrence A. Moens Associates.

Players

Lawrence Moens

Broker

$2.4B

vol

64 deals

Broker
Todd Michael Glaser

Todd Michael Glaser

Randall Realty Group

Buyer

$974.3M

vol

41 deals

Buyer
Robert Miller

Robert Miller

Grubb Properties

Seller

$100.2M

vol

6 deals

Seller

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

0.67%

Cash-on-Cash

-0.19%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93