Erica R. Keswin Acquires Palm Beach Single Family For $7.65M
232 Bahama Lane, Palm Beach, FL, USA
$7,650,000
$1,762/SF
Building Size
4,340 SF
Asset Type
Single Family Residence
Closing
May 31, 2021
AI
Located at 232 Bahama Lane in Palm Beach, this single-family property was recently sold in a closed transaction. The property spans 4,340 square feet and was sold for a price of $7,650,000, resulting in a price per square foot of $1,763. The buyers, Erica R. Keswin and Jeffrey Keswin of Lyrical Partners, acquired the property from sellers Kimberly Goodwin and Scott Goodwin of Diameter Capital Partners.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $7,650,000
- Square Footage: 4,340
- Price Per Square Foot: $1,763
- Address: 232 Bahama Lane, Palm Beach
- Buyer: Erica R. Keswin; Jeffrey Keswin - Lyrical Partners
- Seller: Kimberly Goodwin; Scott Goodwin - Diameter Capital Partners
- Buyer's Representative: Gary Pohrer - Douglas Elliman
- Seller's Representative: Crista Ryan - Tina Fanjul Associates
Gary Pohrer from Douglas Elliman represented the buyers, Erica R. Keswin and Jeffrey Keswin, in this transaction. On the other side, the sellers, Kimberly Goodwin and Scott Goodwin, were represented by Crista Ryan from Tina Fanjul Associates.
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
2.07%
Cash-on-Cash
-0.59%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93