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261 Nightingale Trail

Updated Sep 9, 2024

Premier Estate Properties Sells SFR In Palm Beach's Nightingale Trail For $16M
SOLDSingle Family Residence

Premier Estate Properties Sells SFR In Palm Beach's Nightingale Trail For $16M

261 Nightingale Trail

$16,000,000

$2,967/SF

Building Size

5,392 SF

Asset Type

Single Family Residence

Closing

Aug 16, 2022

About this deal

AI

The recently closed property transaction in Palm Beach involved the sale of a single-family residence located at 261 Nightingale Trail. This spacious property spans 5,392 square feet and boasts a charming design. The transaction was facilitated by Margit Brandt from Premier Estate Properties, who represented the seller. The property was sold for a total price of $16,000,000, resulting in a price per square foot of $2,967.

Summary of transaction details

This successful transaction was made possible by the efforts of Margit Brandt from Premier Estate Properties. With their expertise and dedication, they ensured a smooth sale of the property at 261 Nightingale Trail. This deal showcases their exceptional skills in representing the seller and achieving a desirable outcome. Congratulations to all parties involved in this successful transaction.

Players

Margit Brandt

Premier Estate Properties

Broker

$1.8B

vol

61 deals

Broker

Palm Beach Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

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Deal FAQ

About $3K per square foot on a published $16M for 5,392 square feet (2022).

Visit Margit Brandt to view all their deals.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.99%

Cash-on-Cash

-0.28%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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