Updated Dec 21, 2023
Simon Isaacs Real Estate Acquires SFR In West Palm Beach For $2.55M
2426 Medina Way, West Palm Beach, FL 33401, USA
$2,550,000
$757/SF
Building Size
3,367 SF
Asset Type
Single Family Residence
Closing
Jul 22, 2020
About this deal
AI
The property at 2426 Medina Way in West Palm Beach has been sold for $2,550,000. This single-family residential (SFR) property spans 3,367 square feet and was sold at a price per square foot (PPSF) of $757.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $2,550,000
- Address: 2426 Medina Way
- Market: West Palm Beach
The seller, Lisa Wilkinson and Cara McClure, represented by Douglas Elliman, facilitated the sale. The buyer, Simon Isaacs, was represented by Simon Isaacs Real Estate LLC.
On the Map
$2,550,000
$757/SF
Single Family Residence
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Players
West Palm Beach Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $757 per square foot on a published $2.6M for 3,367 square feet (2020).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
6.22%
Cash-on-Cash
-1.78%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93