Updated Oct 29, 2024
Kimberly & Scott Goodwin Acquires SFR In Palm Beach For $5.5M
232 Bahama Ln, Palm Beach, FL 33480, USA
$5,500,000
$1,267/SF
Building Size
4,340 SF
Asset Type
Single Family Residence
Closing
Nov 15, 2020
About this deal
AI
The property at 232 Bahama Lane in Palm Beach has been sold for a price of $5,500,000. The single-family residential property spans 4,340 square feet with a price per square foot of $1,267.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $5,500,000
- Address: 232 Bahama Lane
- Market: Palm Beach
The buyer of the property is Kimberly & Scott Goodwin, who represent Diameter Capital Partners. The seller is 232 Bahama Lane, LLC. The buyer in this deal was represented by Tina Fanjul Associates, while the seller was represented by William Yahn of The Corcoran Group.
On the Map
$5,500,000
$1,267/SF
Single Family Residence
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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
2.88%
Cash-on-Cash
-0.82%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93