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4515 S Flagler Dr, West Pal...

Douglas Elliman Acquires West Palm Beach SFR On Flagler Drive For $3.6M
SOLDSingle Family Residence

Douglas Elliman Acquires West Palm Beach SFR On Flagler Drive For $3.6M

4515 S Flagler Dr, West Palm Beach, FL 33405, USA

$3,555,323

$63/SF

Building Size

55,850 SF

Asset Type

Single Family Residence

Closing

Aug 31, 2020

AI

The recently closed property transaction in West Palm Beach involved the sale of a single-family home located at 4515 S Flagler Drive. With a total area of 5,585 square feet, this property was sold for a price of $3,555,323, resulting in a price per square foot of $637.

Summary of transaction details:

  • Property Type: Single-Family Home
  • Transaction Amount: $3,555,323
  • Address: 4515 S Flagler Drive
  • Market: West Palm Beach

The seller's representatives for this transaction were Sabra Kirkpatrick and Sarah Koenig from Brown Harris Stevens of PB. On the other hand, the buyer was represented by Cara McClure, who is associated with Douglas Elliman.

Players

Cara Coniglio McClure

Douglas Elliman

Broker

$90.8M

vol

12 deals

Broker

West 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

4.46%

Cash-on-Cash

-1.28%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93