Updated Jul 16, 2026
Jonas Heidrich Acquires Single Family Home From Morton Pierce For $9,000,000 In Palm Beach
324 Eden Road
$9,000,000
Building Size
—
Asset Type
Single Family Residence
Closing
Jul 7, 2026
About this deal
AI
The asset involved in this transaction is a single-family property located at 324 Eden Road in Palm Beach. The sale price for this property was $9,000,000.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $9,000,000
- Buyer: Jonas Heidrich
- Seller: Morton Pierce
- Seller's Representative 1: Dana Koch - The Corcoran Group
- Seller's Representative 2: Dovi Ettedgui - Serhant
- Date of Transaction: 07/07/2026
This transaction was facilitated by Dana Koch and Dovi Ettedgui, who represented the seller, Morton Pierce, ensuring the completion of the deal. Each agent brought their expertise from their respective firms, The Corcoran Group and Serhant, to successfully close this sale.
On the Map
$9,000,000
Single Family Residence
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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
1.76%
Cash-on-Cash
-0.50%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93