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460 Worth Avenue, Palm Beac...

Updated Oct 28, 2024

Dwight C Schar Acquires Single Family Home In Palm Beach For $46.4M
SOLDSingle Family Residence

Dwight C Schar Acquires Single Family Home In Palm Beach For $46.4M

460 Worth Avenue, Palm Beach, Florida 33480, United States

$46,416,630

$7,179/SF

Building Size

6,465 SF

Asset Type

Single Family Residence

Closing

Mar 29, 1922

About this deal

AI

Located at 460 Worth Ave in Palm Beach, FL, this single-family property was recently sold. The transaction took place on March 30, 2022, with a selling price of $46,416,630. The property spans 6,465 square feet, resulting in a price per square foot of $7,180.

Summary of Transaction Details

  • Property Type: Single Family
  • Transaction Amount: $46,416,630
  • Address: 460 Worth Ave, Palm Beach, FL
  • Market: Palm Beach, FL
  • Buyer: Dwight C Schar
  • Seller: Ag Immohome
  • Square Footage: 6,465
  • Price per Square Foot: $7,180

Dwight C Schar represented the buyer in this transaction. The seller, Ag Immohome, engaged in this deal as well.

Players

Dwight C Schar

Buyer

$91.4M

vol

2 deals

Buyer

Palm Beach Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

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Deal FAQ

About $7.2K per square foot on a published $46.4M for 6,465 square feet.

Visit Dwight C Schar to view all their deals.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.34%

Cash-on-Cash

-0.10%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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