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446 N Lake Way, Palm Beach,...

Mark Pulte's Palm Beach SFR Sold For $33.2M With Lawrence Moens As The Broker
SOLDSingle Family Residence

Mark Pulte's Palm Beach SFR Sold For $33.2M With Lawrence Moens As The Broker

446 N Lake Way, Palm Beach, FL 33480, USA

$33,200,000

$2,468/SF

Building Size

13,451 SF

Asset Type

Single Family Residence

Closing

Apr 30, 2020

AI

Summary of Transaction Details

  • Property Type: SFR
  • Transaction Amount: $33,200,000
  • Square Footage: 13,451
  • Price per Square Foot: $2,468
  • Address: 446 North Lake Way, Palm Beach

446 North Lake Way, located in Palm Beach, is a single-family residential property that was recently sold for a transaction amount of $33,200,000. Spanning across a total of 13,451 square feet, this property was valued at an average price per square foot of $2,468.

The seller of 446 North Lake Way was 446 North Lake Way LLC, represented by Mark Pulte. The transaction was facilitated by Lawrence Moens from Lawrence A. Moens Associates, who acted as the broker in the deal.

Players

Lawrence Moens

Broker

$2.4B

vol

64 deals

Broker

Mark Pulte

Seller

$243.2M

vol

4 deals

Seller

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

0.48%

Cash-on-Cash

-0.14%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93