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Lisa A. & Michael S. Rome - Rome Capital Management Acquires SFR In Palm Beach For $8.95M

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SOLD
$8,950,000

Florida

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Single Family Residence82,160 SF
Sold 09/16/2020
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Property Image
SOLD

Lisa A. & Michael S. Rome - Rome Capital Management Acquires SFR In Palm Beach For $8.95M

240 Via Las Brisas, Palm Beach, FL 33480, USA

See Similar Deals
Single Family Residence82,160 SF
Sold 09/16/2020
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Summary

FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$108
Total Square Footage:82,160 SF
Transaction Type:Sale

The property at 240 Via Las Brisas in Palm Beach has been sold in a recent transaction. The single-family residence (SFR) measures 8,216 square feet and was sold for a price of $8,950,000, resulting in a price per square foot of $1,089.

Summary of transaction details

  • Property Type: Single-Family Residence (SFR)
  • Transaction Amount: $8,950,000
  • Square Footage: 8,216
  • Price per Square Foot: $1,089
  • Market: Palm Beach

The buyers of the property are Lisa A. and Michael S. Rome, who represent Rome Capital Management. On the other hand, the sellers are Debra White Dove Porreco Graciano and Richard A. Graciano Jr. The transaction was facilitated by Paulette Koch, who served as the buyer's representative.

Players

2 deals$33M volume
SELLER

Details

SOLD
IMAGE: Dana Koch, Paulette Koch, & Manuela Yanez⁠ DATE: 09/16/2020⁠ ADDRESS: 240 Via Las Brisas⁠ MARKET: Palm Beach⁠ ASSET TYPE: SFR⁠ PRICE: $8,950,000⁠ SF: 8,216 / PPSF: $1,089⁠ BUYER: Lisa A. & Michael S. Rome – Rome Capital Management⁠ SELLER: Debra White Dove Porreco Graciano & Richard A. Graciano Jr.⁠ BUYER’S REP: Paulette Koch […]

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

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