facebook
Traded Co logo
Submit

Neil Bluhm's Walton Street Capital Acquires SFR At 215 Brazilian Avenue In Palm Beach For $7.4M

Property Image
SOLD
$7,400,000

Florida

See Similar Deals
Single Family Residence5,014 SF
Sold 09/14/2020
the dealplayerscompscontact
Property Image
SOLD

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

See Similar Deals
Single Family Residence5,014 SF
Sold 09/14/2020
Contact now

Summary

FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$1,475
Total Square Footage:5,014 SF
Transaction Type:Sale

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.

Players

NB
2 deals$100.1M volume
BUYER

BUYER

Details

SOLD
IMAGE: IMAGE: Neil Bluhm⁠ DATE: 09/14/2020⁠ ADDRESS: 215 Brazilian Avenue⁠ MARKET: Palm Beach⁠ ASSET TYPE: SFR⁠ ⁠ BUYER: Kimberly Paige Fleming, Neil Bluhm – Walton Street Capital⁠ SELLER: Arca 21 LLC⁠ PRICE: $7,400,000⁠ SF: 5,014 / PPSF: $1,476

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$394,666.67

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$26,290.63
Cash-on-Cash Return-1.27%
Monthly Debt Service$35,079.78
Annual Debt Service$420,957.30