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Diana Willson Sterne Acquires Palm Beach SFR For $5.5M

Property Image
SOLD
$5,500,000
Suzanne Ainslie
Carole Koeppel

Florida

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Single Family Residence4,946 SF
Sold 12/09/2020
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Property Image
SOLD

Diana Willson Sterne Acquires Palm Beach SFR For $5.5M

240 Sanford Avenue, Palm Beach, FL, USA

See Similar Deals
Single Family Residence4,946 SF
Sold 12/09/2020
Suzanne Ainslie
Carole Koeppel
the dealplayerscompscontact
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Summary

FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$1,112
Total Square Footage:4,946 SF
Transaction Type:Sale

A single-family residential property located at 240 Sanford Avenue in Palm Beach has been sold for $5,500,000. The property spans 4,946 square feet, resulting in a price per square foot of approximately $1,112. The transaction took place on December 9, 2020.

Summary of transaction details

  • Property Type: Single Family Residential
  • Transaction Amount: $5,500,000
  • Address: 240 Sanford Avenue
  • Market: Palm Beach

The buyers in the deal were Diana Willson Sterne, representing The Atlas Group, and James Sterne from Skye Global Management. On the other side, Maria Marchetti and Amos O. Dare, of Neurosurgery & Orthopedic Institute of Florida, acted as the sellers. The real estate brokers involved in the transaction were Carole Koeppel and Suzanne Ainslie from Sotheby's International Realty.

Players

Carole Koeppel
Carole Koeppel
3 deals$26M volume
BROKER
Suzanne Ainslie
Sotheby's International Realty
Suzanne Ainslie
2 deals$19.1M volume
BROKER

Details

SOLD
IMAGE: Carole Koeppel, Amos O. Dare, Diana Willson Sterne, & Suzanne Ainslie DATE: 12/09/2020 ADDRESS: 240 Sanford Avenue MARKET: Palm Beach ASSET TYPE: SFR BUYER: Diana Willson Sterne - The Atlas Group & James Sterne - Skye Global Management SELLER: Maria Marchetti & Amos O. Dare - Neurosurgery & Orthopedic Institute of Florida BROKERS: Carole Koeppel & Suzanne Ainslie - Sotheby’s International Realty PRICE: $5,500,000 SF: 4,946 ~ PPSF: $1,112

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Debt Service Coverage Ratio (DSCR)

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