facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

Florida

/

Single Family Residence

/

Sale

/

240 Mockingbird Trail Palm ...

Susan & Alan M. Sebulsky Acquire Palm Beach SFR For $16.9M
SOLDSingle Family Residence

Susan & Alan M. Sebulsky Acquire Palm Beach SFR For $16.9M

240 Mockingbird Trail Palm Beach, FL 33480, USA

$16,900,000

$3,072/SF

Building Size

5,500 SF

Asset Type

Single Family Residence

Closing

Aug 3, 2023

AI

A venture capitalist named Alan M. Sebulsky has purchased a single-family home in Palm Beach, located at 240 Mockingbird Trail, for a total of $16,900,000. The property spans 5,500 square feet and was sold at a price per square foot of $3,073. The transaction took place on August 3, 2023. The sale was facilitated by Christian Angle Real Estate, representing the buyer, Susan and Alan M. Sebulsky, and The Corcoran Group, represented by Paulette Koch and Dana Koch, acting as the seller's representatives.

Summary of transaction details:

  • Property Type: Single-Family Home (SFR)
  • Transaction Amount: $16,900,000
  • Address: 240 Mockingbird Trail, Palm Beach
  • Market: Palm Beach
  • Buyer: Susan & Alan M. Sebulsky
  • Seller: Lee Fensterstock
  • Buyer's Representative: Christian Angle - Christian Angle Real Estate
  • Seller's Representatives: Paulette Koch & Dana Koch - The Corcoran Group
  • Square Footage: 5,500
  • Price Per Square Foot: $3,073

It is worth noting that the property on Mockingbird Trail was originally listed for just under $16 million in October 2021. After undergoing renovations by developer Lee Fensterstock, the house was sold in February 2023 to Alan M. Sebulsky.

Players

Christian Angle

Christian Angle Real Estate

Broker

$2.7B

vol

99 deals

Broker

Lee Fensterstock

Seller

$59.6M

vol

4 deals

Seller

Miami Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.94%

Cash-on-Cash

-0.27%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93