Updated May 12, 2025
Gary Pohrer Acquires Palm Beach SFR For $4.1M
215 Seabreeze Avenue, Palm Beach, FL, USA
$4,100,000
$1,466/SF
Building Size
2,795 SF
Asset Type
Single Family Residence
Closing
Nov 3, 2020
About this deal
AI
The property asset involved in the transaction is a single-family residence located at 215 Seabreeze Avenue in Palm Beach. The sale price for this asset was $4,100,000, with a total square footage of 2,795 and a price per square foot of $1,467.
Summary of transaction details:
- Property Type: SFR
- Transaction Amount: $4,100,000
- Address: 215 Seabreeze Avenue
- Market: Palm Beach
- Square Footage: 2,795
- Price Per Square Foot: $1,467
- Buyer’s Representative: Gary Pohrer - Douglas Elliman
- Seller’s Representative: Dana Koch - The Corcoran Group
The representatives involved in the transaction include Gary Pohrer from Douglas Elliman, who represented the buyer, and Dana Koch from The Corcoran Group, who represented the seller. This transaction demonstrates a collaboration between these two brokerage firms in the real estate market of Palm Beach.
Players
Delray Beach Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $1.5K per square foot on a published $4.1M for 2,795 square feet (2020).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.87%
Cash-on-Cash
-1.11%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93