Updated Dec 19, 2023
Compass Represents Buyer In $7.4M Palm Beach Island SFR Sale
246 Everglade Avenue, Palm Beach, Florida 33480, United States
$7,375,000
$1,755/SF
Building Size
4,202 SF
Asset Type
Single Family Residence
Closing
Jan 31, 2022
About this deal
AI
A single-family residential property located at 246 Everglade Avenue, Palm Beach Island, was recently sold. The property features a total area of 4,202 square feet and was sold for a price of $7,375,000, resulting in a price per square foot of $1,755. The transaction took place on February 1, 2022.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $7,375,000
- Address: 246 Everglade Avenue
- Market: Palm Beach Island
The buyer in this transaction was represented by Margit Brandt from Compass. Margit Brandt acted as the buyer's representative in the deal.
Palm Beach Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
Loading comparables…
Deal FAQ
Visit Margit Brandt to view all their deals.
Browse Florida single family residence sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.15%
Cash-on-Cash
-0.61%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93