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249 West Indies Drive

Ashley McIntosh & Christopher Leavitt Of Douglas Elliman Sell Single Family In Palm Beach For $11.5M
SOLDSingle Family Residence

Ashley McIntosh & Christopher Leavitt Of Douglas Elliman Sell Single Family In Palm Beach For $11.5M

249 West Indies Drive

$11,500,000

$776/SF

Building Size

14,810 SF

Asset Type

Single Family Residence

Closing

Jun 18, 2024

AI

The single-family property located at 249 West Indies Drive in Palm Beach was sold for $11,500,000. Spanning 14,810 square feet, the property was sold at a price per square foot of $777.

Summary of transaction details:

Ashley McIntosh and Christopher Leavitt from Douglas Elliman represented the sellers in the transaction of the property at 249 West Indies Drive. Their expertise and negotiation skills played a crucial role in facilitating the successful sale of this Palm Beach property.

Players

Ashley McIntosh

Douglas Elliman

Broker

$570.8M

vol

24 deals

Broker

Palm Beach Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.38%

Cash-on-Cash

-0.39%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93