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239 Montery Road

Todd Peter Of Sotheby's International Realty Represents Buyer In $11.8M Palm Beach Single Family Sale
SOLDSingle Family Residence

Todd Peter Of Sotheby's International Realty Represents Buyer In $11.8M Palm Beach Single Family Sale

239 Montery Road

$11,800,000

$2,780/SF

Building Size

4,244 SF

Asset Type

Single Family Residence

Closing

May 29, 2025

AI

The property involved in this transaction is a single-family home located at 239 Monterey Road in Palm Beach, featuring a sale price of $11,800,000. The property encompasses a total square footage of 4,244, resulting in a price per square foot of $2,780.

Summary of transaction details:

  • Property Type: Single Family
  • Transaction Amount: $11,800,000
  • Square Footage: 4,244
  • Price per Square Foot: $2,780
  • Address: 239 Monterey Road
  • Market: Palm Beach
  • Buyer's Representative: Todd Peter - Sotheby's International Realty
  • Seller's Representatives: Cara Coniglio McClure & Lisa Wilkinson - Douglas Elliman

Key individuals involved in this transaction include Todd Peter, who represented the buyer, and Cara Coniglio McClure along with Lisa Wilkinson, who represented the seller. All three individuals are affiliated with well-established real estate agencies, providing professional representation for their respective clients in this transaction.

Players

Lisa Wilkinson

Douglas Elliman

Broker

$87M

vol

11 deals

Broker
Douglas Elliman
Douglas EllimanBrokerage

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

1.34%

Cash-on-Cash

-0.38%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93