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

Property Image
SOLD
$16,900,000
Dana Koch
Christian Angle
+ 1

Florida

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Single Family Residence5,500 SF
Sold 08/03/2023
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Property Image
SOLD

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

240 Mockingbird Trail Palm Beach, FL 33480, USA

See Similar Deals
Single Family Residence5,500 SF
Sold 08/03/2023
Dana Koch
Christian Angle
+ 1
Contact now

Summary

FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$3,072
Total Square Footage:5,500 SF
Transaction Type:Sale

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
99 deals$2.7B volume(561) 659-6551
BROKER

Paulette Koch
The Corcoran Group
22 deals$545.2M volume
BROKER

Dana Koch
The Corcoran Group
42 deals$1B volume
BROKER

Details

SOLD
IMAGE: Paulette Koch, Christian Angle & Dana Koch DATE: 08/03/2023 ADDRESS: 240 Mockingbird Trail MARKET: Palm Beach ASSET TYPE: SFR BUYER: Susan & Alan M. Sebulsky SELLER: Lee Fensterstock BUYER'S REP: Christian Angle (@Angle_Real_Estate) - Christian Angle Real Estate SELLER'S REP: Paulette Koch & Dana Koch (@KochTeam) - The Corcoran Group (@CorcoranMiami) SALE PRICE: $16,900,000 SF: 5,500 ~ PPSF: $3,073 NOTE: Venture capitalist Alan M. Sebulsky bought a Palm Beach property on Mockingbird Trail for nearly $17 million. The house was listed at just under $16 million in October 2021 and sold in February 2023 after being rebuilt by developer Lee Fensterstock.

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

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