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Douglas Elliman Acquires Palm Beach SFR For $7.3M With Buyer's Rep Chris Leavitt & Ashley McIntosh

Property Image
SOLD
$7,295,000
Patricia Mahaney
Christopher (Chris) Leavitt
Ashley McIntosh

Florida

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Single Family Residence3,800 SF
Sold 08/20/2020
the dealplayerscompscontact
Property Image
SOLD

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

See Similar Deals
Single Family Residence3,800 SF
Sold 08/20/2020
Patricia Mahaney
Christopher (Chris) Leavitt
Ashley McIntosh
the dealplayerscompscontact
Contact now

Summary

FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$1,919
Total Square Footage:3,800 SF
Transaction Type:Sale

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

Ashley McIntosh
Douglas Elliman
Ashley McIntosh
24 deals$570.8M volume(561) 685-0861
BROKER
Christopher (Chris) Leavitt
Douglas Elliman
Christopher Leavitt
51 deals$1.3B volume(917) 664-0720
BROKER
Patricia Mahaney
Sotheby's International Realty
Patricia Mahaney
2 deals$18.6M volume
BROKER

Details

SOLD
IMAGE: Chris Leavitt & Ashley McIntosh DATE: 08/20/2021 ADDRESS: 233 Miraflores Drive MARKET: Palm Beach ASSET TYPE: SFR BUYER'S REP: Chris Leavitt (@TheChrisLeavitt) & Ashley McIntosh (@AshleySellsPalmBeach) - Douglas Elliman SELLER'S REP: Patricia Mahaney - Sotheby's International Realty SALE PRICE: $7,295,000 SF: 3,800 ~ PPSF: $1,920

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$389,066.67

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$25,917.59
Cash-on-Cash Return-1.27%
Monthly Debt Service$34,582.02
Annual Debt Service$414,984.26