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David R. Stack & Maura Ziska Acquire Palm Beach SFR For $26.7M

Property Image
SOLD
$26,700,000
Rosalind Clarke
Suzanne Frisbie
MZ

Florida

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Single Family Residence5,826 SF
Sold 01/12/2021
the dealplayerscompscontact
Property Image
SOLD

David R. Stack & Maura Ziska Acquire Palm Beach SFR For $26.7M

326 Via Linda, Palm Beach, FL, USA

See Similar Deals
Single Family Residence5,826 SF
Sold 01/12/2021
Rosalind Clarke
Suzanne Frisbie
MZ
the dealplayerscompscontact
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Summary

FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$4,582
Total Square Footage:5,826 SF
Transaction Type:Sale

Located at 326 Via Linda in Palm Beach, this single-family home was recently sold in a closed transaction. The property is a 5,826 square foot residence, boasting a sale price of $26,700,000. With a price per square foot of $4,583, this transaction showcases the high-end market in Palm Beach.

Summary of transation details

  • Property Type: Single-Family Home
  • Transaction Amount: $26,700,000
  • Date: 01/12/2021
  • Market: Palm Beach
  • Address: 326 Via Linda

The buyer of this property is David R. Stack and Maura Ziska, while the seller is W. Allan Jones, the founder of Check Into Cash. Representing the buyer in this transaction is the brokerage team comprised of Rosalind Clarke and Suzanne Frisbie from Premier Estate Properties.

This sale marks a significant transaction in the Palm Beach housing market, showcasing the continued demand for high-end properties in the area. The involvement of prominent individuals and broker representatives further demonstrates the appeal of this property and the expertise required to facilitate such a deal.

Players

Suzanne Frisbie
The Corcoran Group
Suzanne Frisbie
47 deals$1.4B volume
BROKER
Rosalind Clarke
Premier Estate Properties
Rosalind Clarke
2 deals$52.8M volume
BROKER
MZ
Maura Ziska
9 deals$259.9M volume
BUYER

Details

SOLD
IMAGE: Suzanne Frisbie, W. Allan Jones, & Rosalind Clarke DATE: 01/12/2021 ADDRESS: 326 Via Linda MARKET: Palm Beach ASSET TYPE: SFR BUYER: David R. Stack & Maura Ziska SELLER: W. Allan Jones - Check it Into Cash BROKERS: Rosalind Clarke & Suzanne Frisbie - Premier Estate Properties PRICE: $26,700,000 SF: 5,826 ~ PPSF: $4,583

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$1,423,999.99

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$94,859.47
Cash-on-Cash Return-1.27%
Monthly Debt Service$126,571.62
Annual Debt Service$1,518,859.46