Douglas Elliman Acquires Palm Beach SFR For $7.3M With Buyer's Rep Chris Leavitt & Ashley McIntosh
233 Miraflores Drive, Palm Beach, FL 33480, USA
$7,295,000
$1,919/SF
Building Size
3,800 SF
Asset Type
Single Family Residence
Closing
Aug 20, 2020
AI
A single-family residential property located at 233 Miraflores Drive in Palm Beach has been sold for $7,295,000. The property spans 3,800 square feet, resulting in a price per square foot of $1,920.
Summary of transaction details:
- Property Type: Single-Family Residential (SFR)
- Transaction Amount: $7,295,000
- Address: 233 Miraflores Drive, Palm Beach
- Market: Palm Beach
The buyer's representatives in this deal were Chris Leavitt and Ashley McIntosh from Douglas Elliman. On the other hand, the seller was represented by Patricia Mahaney from Sotheby's International Realty.
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
2.17%
Cash-on-Cash
-0.62%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93