Updated Dec 5, 2024
Neil Bluhm's Walton Street Capital Acquires SFR At 215 Brazilian Avenue In Palm Beach For $7.4M
215 Brazilian Ave, Palm Beach, FL 33480, USA
$7,400,000
$1,475/SF
Building Size
5,014 SF
Asset Type
Single Family Residence
Closing
Sep 13, 2020
About this deal
AI
Located at 215 Brazilian Avenue in Palm Beach, this single-family residential property was recently sold. The property spans 5,014 square feet and was sold for a price of $7,400,000, resulting in a price per square foot of $1,476.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $7,400,000
- Buyer: Kimberly Paige Fleming, Neil Bluhm - Walton Street Capital
- Seller: Arca 21 LLC
- Market: Palm Beach
The buyer of this property is Kimberly Paige Fleming, along with Neil Bluhm representing Walton Street Capital. On the other hand, Arca 21 LLC acted as the seller in this transaction.
On the Map
$7,400,000
$1,475/SF
Single Family Residence
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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
2.14%
Cash-on-Cash
-0.61%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93