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Todd Michael Glaser Acquires Palm Beach Home From Antos Glogowski For $21.4M

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SOLD
$21,400,000

Florida

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Single Family Residence5,400 SF
Sold 07/05/2023
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SOLD

Todd Michael Glaser Acquires Palm Beach Home From Antos Glogowski For $21.4M

305 Indian Rd Palm Beach, Fl 33480, Usa

See Similar Deals
Single Family Residence5,400 SF
Sold 07/05/2023
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Summary

FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$3,963
Total Square Footage:5,400 SF
Transaction Type:Sale

British financier Antos Glogowski has sold his Palm Beach home to spec developer Todd Michael Glaser for $21.4 million. The waterfront property, located at 305 Indian Road, spans 0.8 acres. The sale included a single-family residence with a total area of 5,400 square feet. The price per square foot for the transaction was $3,963.

Summary of transaction details:

  • Property Type: Single Family Residential
  • Transaction Amount: $21,400,000
  • Address: 305 Indian Road, Palm Beach
  • Market: Palm Beach
  • Lot Size: 0.8 acres
  • Buyer: Todd Michael Glaser
  • Seller: Antos Glogowski - AJG Investments
  • Broker: Lawrence Moens - Lawrence A. Moens Associates

Todd Michael Glaser, a spec developer, purchased the property from British financier Antos Glogowski. Glaser intends to renovate the waterfront property before putting it back on the market.

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Details

SOLD
IMAGE: Todd Michael Glaser DATE: 07/05/2023 ADDRESS: 305 Indian Road MARKET: Palm Beach ASSET TYPE: SFR ~ ACRES: 0.8 BUYER: Todd Michael Glaser (@ToddMichaelGlaser) SELLER: Antos Glogowski - AJG Investments BROKER: Lawrence Moens - Lawrence A. Moens Associates SALE PRICE: $21,400,000 SF: 5,400 ~ PPSF: $3,963 NOTE: British financier Antos Glogowski has sold his Palm Beach home to spec developer Todd Michael Glaser for $21.4 million. The waterfront property will be renovated by Glaser before being put back on the market.

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

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