Updated Sep 9, 2024
Premier Estate Properties Sells SFR In Palm Beach For $9.5M
224 Via Marila
$9,500,000
$2,609/SF
Building Size
3,641 SF
Asset Type
Single Family Residence
Closing
Apr 17, 2023
About this deal
AI
A single-family residential property located at 224 Via Marila in Palm Beach has been sold for $9,500,000. The property spans 3,641 square feet, resulting in a price per square foot of $2,609. The sale was facilitated by Margit Brandt of Premier Estate Properties.
Summary of transaction details:
- Property Type: SFR
- Transaction Amount: $9,500,000
- Square Footage: 3,641
- Price per Square Foot: $2,609
- Address: 224 Via Marila
- Market: Palm Beach
Margit Brandt of Premier Estate Properties played a vital role in coordinating the sale of this residential property.
Market 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
1.67%
Cash-on-Cash
-0.48%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93