Dana Koch Of The Corcoran Group Represents Buyer In $26.67M Palm Beach Single Family Sale
SOLD
$26,670,750
Florida
See Similar DealsSingle Family Residence7,630 SF
Sold 04/14/2025
SOLD
Dana Koch Of The Corcoran Group Represents Buyer In $26.67M Palm Beach Single Family Sale
240 North Ocean Boulevard
See Similar DealsSingle Family Residence7,630 SF
Sold 04/14/2025
Summary
FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$3,495
Total Square Footage:7,630 SF
Transaction Type:Sale
The property involved in this transaction is a single-family residence located at 240 North Ocean Boulevard in the Palm Beach market. The sale price of the property was $26,670,750, encompassing a total square footage of 7,630. The price per square foot is calculated at $3,495.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $26,670,750
- Address: 240 North Ocean Boulevard
- Market: Palm Beach
- Square Footage: 7,630
- Price per Square Foot: $3,495
- Buyer's Representative: Dana Koch - The Corcoran Group
- Seller's Representatives: Jack Rooney - Douglas Elliman; Elizabeth DeWoody - Compass
The individuals involved in this transaction include Dana Koch representing the buyer, while Jack Rooney and Elizabeth DeWoody represented the seller. Each representative is affiliated with their respective agencies, showcasing the collaborative effort among multiple real estate firms in this sale.
Players
Details
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
Similar Buyers
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Single-Family Rental Investment Trends ReportQ3 2025
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
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.
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
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$1,422,439.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$94,755.55
Cash-on-Cash Return-1.27%
Monthly Debt Service$126,432.96
Annual Debt Service$1,517,195.54
Is there something missing? Send suggestions