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232 Bahama Lane, Palm Beach...

Erica R. Keswin Acquires Palm Beach Single Family For $7.65M
SOLDSingle Family Residence

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

Gary Pohrer

Serhant

Broker

$1.1B

vol

43 deals

Broker
DP
Diameter Capital PartnersSeller

Palm Beach Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

Loading comparables…

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