Updated Oct 29, 2024
TT 47th LLC Acquires 6 Via Los Incas In Palm Beach For $66M
6 Via Los Incas, Palm Beach, Florida 33480, United States
$66,000,000
$8,250,000/SF
Building Size
8 SF
Asset Type
Single Family Residence
Closing
Dec 29, 2022
About this deal
AI
A Single Family property located at 6 Via Los Incas in Palm Beach was recently sold. The property sits on approximately 0.6 acres and spans 8,500 square feet. The transaction took place on 12/29/2022.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $66,000,000
- Price per square foot: $7,765
- Buyer: TT 47th LLC
- Seller: Apollo Global Management - Frank Marra
TT 47th LLC acquired the property from Apollo Global Management, represented by Frank Marra. The sale price of $66,000,000 reflects the value of the property. This transaction highlights the active real estate market in Palm Beach.
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
0.24%
Cash-on-Cash
-0.07%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93