Updated Dec 21, 2023
Paulette Koch & Dana Koch Acquire Palm Beach Townhome For $13.67M
237 Brazilian Avenue, Palm Beach, FL, USA
$13,670,000
$1,117/SF
Building Size
12,238 SF
Asset Type
Single Family Residence
Closing
Oct 27, 2020
About this deal
AI
Located in Palm Beach, the townhome at 237 Brazilian Avenue was recently sold for $13,670,000. Spanning over 12,238 square feet, the property offers ample space for the new owner. With a price per square foot of $1,117, this transaction showcases the desirability of the townhomes in the area.
Summary of transaction details
- Property Type: Townhomes
- Sale Price: $13,670,000
- Square Footage: 12,238
- Price Per Square Foot: $1,117
- Address: 237 Brazilian Avenue, Palm Beach
Representing the buyer in this transaction was Paulette Koch & Dana Koch from the Corcoran Group, while Suzanne Frisbie from Premier Estate Properties acted as the seller's representative. The expertise and negotiation skills of these individuals played a vital role in closing the deal successfully.
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
1.16%
Cash-on-Cash
-0.33%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93