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
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