Updated Dec 21, 2023
Premier Estate Properties Sells Palm Beach SFR For $13.55M With Margit Brandt
268 Jamaica Lane, Palm Beach, Florida 33480, United States
$13,550,000
$2,528/SF
Building Size
5,358 SF
Asset Type
Single Family Residence
Closing
May 19, 2022
About this deal
AI
Margit Brandt of Premier Estate Properties represented both the buyer and the seller in the recent sale of a single-family home located at 268 Jamaica Ln in Palm Beach. The transaction took place on 05/20/2022.
Summary of transaction details
- Property Type: SFR
- Sale Price: $13,550,000
- Square Footage: 5,358
- Price per Square Foot: $2,529
- Address: 268 Jamaica Ln, Palm Beach
This sale represents a significant transaction in the Palm Beach market. Margit Brandt, a broker from Premier Estate Properties, was instrumental in facilitating the deal between the buyer and the seller.
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
1.17%
Cash-on-Cash
-0.33%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93