Compass Florida LLC Sells Palm Beach SFR For $8.3M With Buyer's Rep Premier Estate Properties
350 Indian Road, Palm Beach, FL, USA
$8,325,000
$1,038/SF
Building Size
8,016 SF
Asset Type
Single Family Residence
Closing
Aug 2, 2020
AI
The property at 350 Indian Road in Palm Beach was recently sold for $8,325,000. The single-family residence (SFR) spans 8,016 square feet, resulting in a price per square foot (PPSF) of $1,039. The sale took place on August 3, 2020.
Summary of transaction details:
- Property Type: Single-Family Residence (SFR)
- Transaction Amount: $8,325,000
- Address: 350 Indian Road
- Market: Palm Beach
The seller's representative in this transaction was Stephen Hall from Compass Florida LLC. On the other side, the buyer was represented by Suzanne Trapani Frisbie from Premier Estate Properties.
Players
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
1.91%
Cash-on-Cash
-0.54%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93