Updated Sep 9, 2024
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
- Property Type: SFR
- Transaction Amount: $16,000,000
- Square Footage: 5,392
- Price per Square Foot: $2,967
- Seller's Representative: Margit Brandt - Premier Estate Properties
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.
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 Palm Beach single family residence sales on Traded.
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