facebook
Traded Co logo
Submit

Steve Wynn Acquires SFR In Palm Beach For $18.4M With Broker Jim McCann

Property Image
SOLD
$18,400,000

Florida

See Similar Deals
Single Family Residence7,273 SF
Sold 12/23/2020
the dealplayerscompscontact
Property Image
SOLD

Steve Wynn Acquires SFR In Palm Beach For $18.4M With Broker Jim McCann

235 Via Vizcaya, Palm Beach, FL, USA

See Similar Deals
Single Family Residence7,273 SF
Sold 12/23/2020
Contact now

Summary

FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$2,529
Total Square Footage:7,273 SF
Transaction Type:Sale

Located at 235 Via Vizcaya in Palm Beach, this single-family residential (SFR) property was recently sold in a closed transaction. The property spans approximately 7,273 square feet and was purchased by Steve Wynn. The sale was facilitated by Jim McCann from Premier Estate Properties. The asking price for the property was $19,500,000, and it was eventually sold for $18,400,000, resulting in a price per square foot of $2,530.

Summary of transaction details:

  • Property Type: SFR
  • Transaction Amount: $18,400,000
  • Property Address: 235 Via Vizcaya, Palm Beach
  • Market: Palm Beach
  • Buyer: Steve Wynn
  • Broker: Jim McCann - Premier Estate Properties
  • Asking Price: $19,500,000
  • Square Footage: 7,273 SF
  • Price per Square Foot: $2,530

Steve Wynn, a prominent buyer in the real estate market, acquired this impressive property through the representation of Jim McCann from Premier Estate Properties. The successful transaction took place on December 23, 2020, ensuring a seamless deal for all parties involved.

Players

James (Jim) McCann
22 deals$541.1M volume(561) 307-1525
BROKER

Steve Wynn
6 deals$213.1M volume
BUYER

Details

SOLD
IMAGE: Steve Wynn & Jim McCann DATE: 12/23/2020 ADDRESS: 235 Via Vizcaya MARKET: Palm Beach ASSET TYPE: SFR BUYER: Steve Wynn BROKER: Jim McCann - Premier Estate Properties ASKING PRICE: $19,500,000 PRICE: $18,400,000 SF: 7,273 ~ PPSF: $2,530

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$981,333.32

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$65,371.32
Cash-on-Cash Return-1.27%
Monthly Debt Service$87,225.39
Annual Debt Service$1,046,704.65