Updated Oct 29, 2024
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
5,802 SF
Asset Type
Single Family Residence
Closing
Nov 9, 2020
About this deal
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
Palm Beach Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $594 per square foot on a published $6.9M for 11,604 square feet (2020).
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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