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29 Hexagon LLC Acquires Palm Beach Single Family Property For $15.5M

Property Image
SOLD
$15,500,000
Stephen Hall
Suzanne Frisbie
Scott Robins
+ 2

Florida

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Single Family Residence4,573 SF
Sold 05/27/2022
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Property Image
SOLD

29 Hexagon LLC Acquires Palm Beach Single Family Property For $15.5M

215 Indian Road, Palm Beach, Florida 33480, United States

See Similar Deals
Single Family Residence4,573 SF
Sold 05/27/2022
Stephen Hall
Suzanne Frisbie
Scott Robins
+ 2
the dealplayerscompscontact
Contact now

Summary

FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$3,389
Total Square Footage:4,573 SF
Transaction Type:Sale

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

Suzanne Frisbie
The Corcoran Group
Suzanne Frisbie
47 deals$1.4B volume
BROKER
Stephen Hall
Compass
Stephen Hall
8 deals$89.1M volume
BROKER
Scott Robins
Scott Robins
10 deals$209.5M volume
SELLER
Todd Michael Glaser
Todd Michael Glaser
41 deals$974.3M volume
SELLER
JF
Jonathan Fryd
10 deals$198.5M volume
SELLER
JF
Jonathan Fryd
10 deals$198.5M volume
SELLER

Details

SOLD
IMAGE: Stephen Hall, Todd Michael Glaser & Suzanne Frisbie DATE: 05/27/2022 ADDRESS: 215 Indian Road MARKET: Palm Beach ASSET TYPE: Single Family ~ ACRES: 0.3 BUYER: 29 Hexagon LLC - Sandra Edgerley SELLER: Todd Michael Glaser (@ToddMichaelGlaser), Scott Robins & Jonathan Fryd BUYER'S REP: Stephen Hall (@Sdhjr1) - Compass (@Compass) (@CompassFl) SELLER'S REP: Suzanne Frisbie (@SudsieFris) - The Corcoran Group (@TheCorcoranGroup) SALE PRICE: $15,500,000 SF: 4,573 ~ PPSF: $3,389

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Deal Type
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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

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Cash Flow (Annual)-$55,068.22
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