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260 Plantation Road, Palm B...

Updated Dec 21, 2023

Robin I Patton Acquires SFR In Palm Beach, FL For $10.6M
SOLDSingle Family Residence

Robin I Patton Acquires SFR In Palm Beach, FL For $10.6M

260 Plantation Road, Palm Beach, Florida 33480, United States

$10,625,000

$4,399/SF

Building Size

2,415 SF

Asset Type

Single Family Residence

Closing

Dec 27, 2021

About this deal

AI

The single-family residential property located at 260 Plantation Rd in Palm Beach, FL has been sold. The transaction took place on December 28, 2021. The property spans across 2,415 square feet and was sold at a price of $10,625,000, resulting in a price per square foot of $4,399.

Summary of transaction details:

  • Property Type: Single-Family Residential (SFR)
  • Sale Price: $10,625,000
  • Square Footage: 2,415
  • Price per Square Foot: $4,399
  • Address: 260 Plantation Rd, Palm Beach, FL
  • Market: Palm Beach, FL

The buyer of the property is Robin I Patton, while the sellers are Alexander J. Wittmann & Paul B. Wittmann.

Players

Palm Beach Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

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Deal FAQ

About $4.4K per square foot on a published $10.6M for 2,415 square feet (2021).

Browse Florida single family residence sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.49%

Cash-on-Cash

-0.43%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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