Michael & Andrew Leibowitz Sell SFR In Palm Beach Gardens For $4M
2940 Le Bateau Dr, Palm Beach Gardens, FL 33410, USA
$4,000,000
$57/SF
Building Size
69,960 SF
Asset Type
Single Family Residence
Closing
Aug 12, 2020
AI
A single-family home located at 2940 Le Bateau Dr in Palm Beach Gardens has been sold for $4,000,000. The property, measuring 6,996 square feet, was listed at a price of $572 per square foot.
Summary of transaction details:
- Property Type: SFR
- Transaction Amount: $4,000,000
- Address: 2940 Le Bateau Dr, Palm Beach Gardens
- Market: Palm Beach Gardens
- Square Footage: 6,996 sqft
The seller's representatives in this deal were Michael and Andrew Leibowitz from Leibowitz Realty Group, Inc./PBG. On the buyer's side, Chris Burke from Echo Fine Properties acted as the representative.
Players
Palm Beach Gardens 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
3.97%
Cash-on-Cash
-1.13%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93