John Smith Acquires SFR In West Palm Beach For $8.4M From Seller Tracy Smith
2737 South Flagler Drive
$8,365,000
$1,115/SF
Building Size
7,500 SF
Asset Type
Single Family Residence
Closing
Aug 22, 2022
AI
A single-family residential property located at 2737 S Flagler Dr in West Palm Beach has been sold. The property spans 7,500 square feet and was sold for a price of $8,365,000, resulting in a price per square foot of $1,115.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $8,365,000
- Address: 2737 S Flagler Dr
- Market: West Palm Beach
The buyer of the property is John Smith, and the seller is Tracy Smith. The brokers involved in the transaction were Ronnie Hasozbek-Garcia and Jennifer Hasozbek-Garcia from Premier Estate Properties, along with Chris Leavitt from Douglas Elliman.
The sale of this property has been successfully closed, as confirmed by the brokers involved.
Players
West 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
1.90%
Cash-on-Cash
-0.54%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93