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235 Nightingale Trail, Palm...

Tim Gannon Of Outback Steakhouse Sells Palm Beach SFR For $6.9M With Reps Christopher Hughes Bode And Lawrence Moens
SOLDSingle Family Residence

Tim Gannon Of Outback Steakhouse Sells Palm Beach SFR For $6.9M With Reps Christopher Hughes Bode And Lawrence Moens

235 Nightingale Trail, Palm Beach, FL, USA & 235 Nightingale Trail, Palm Beach, FL, USA

$6,900,000

$594/SF

Building Size

11,604 SF

Asset Type

Single Family Residence

Closing

Nov 9, 2020

AI

Located at 235 Nightingale Trail in Palm Beach, this single-family home (SFR) was recently sold in a closed transaction. The property spans across 5,802 square feet and boasts a sale price of $6,900,000, resulting in a price per square foot of $1,189. The transaction took place on November 10, 2020.

Summary of transation details

  • Property Type: SFR
  • Transaction Amount: $6,900,000
  • Square Footage: 5,802
  • Price per Square Foot: $1,189
  • Address: 235 Nightingale Trail, Palm Beach

The seller of this property was Tim Gannon, known for his affiliation with Outback Steakhouse. On behalf of the buyer, Christopher Hughes Bode from Premier Estate Properties represented the transaction. Lawrence Moens from Lawrence A. Moens Associates, Inc. acted as the seller's representative.

Players

Lawrence Moens

Broker

$2.4B

vol

64 deals

Broker

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

2.30%

Cash-on-Cash

-0.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93