29 Hexagon LLC Acquires Palm Beach Single Family Property For $15.5M
215 Indian Road, Palm Beach, Florida 33480, United States
$15,500,000
$3,389/SF
Building Size
4,573 SF
Asset Type
Single Family Residence
Closing
May 26, 2022
AI
A single-family property located at 215 Indian Road in Palm Beach has been sold for a total price of $15,500,000. The property sits on approximately 0.3 acres of land and spans across 4,573 square feet. The sale price per square foot was calculated at $3,389.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $15,500,000
- Address: 215 Indian Road, Palm Beach
- Market: Palm Beach
- Size: 0.3 acres
- Buyer: 29 Hexagon LLC - Sandra Edgerley
- Seller: Todd Michael Glaser, Scott Robins & Jonathan Fryd
- Buyer's Representative: Stephen Hall - Compass
- Seller's Representative: Suzanne Frisbie - The Corcoran Group
The buyer, 29 Hexagon LLC, was represented by Stephen Hall from Compass, while the seller, Todd Michael Glaser, Scott Robins, and Jonathan Fryd, was represented by Suzanne Frisbie from The Corcoran Group.
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
1.02%
Cash-on-Cash
-0.29%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93