Crest Road LLC Acquires 1.5 Acre Single Family Property In Palm Beach For $25M
SOLD
$25,000,000
Florida
See Similar DealsSingle Family Residence6,253 SF
Sold 12/02/2021
SOLD
Crest Road LLC Acquires 1.5 Acre Single Family Property In Palm Beach For $25M
635 Crest Road, Palm Beach, FL, USA
See Similar DealsSingle Family Residence6,253 SF
Sold 12/02/2021
Summary
FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$3,998
Total Square Footage:6,253 SF
Transaction Type:Sale
Crest Road LLC has acquired a single-family property located at 635 Crest Road in Palm Beach. The property spans approximately 1.5 acres and features a total of 6,253 square feet. The transaction took place on 12/02/2021.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $25,000,000
- Address: 635 Crest Road, Palm Beach
- Market: Palm Beach
- Buyer: Crest Road LLC - Maura Ziska
- Seller: Ambrose K. Monnell, Lili C. Monnell & Maia Monell
- Square Footage: 6,253
- Price per Square Foot: $3,998
Maura Ziska, representing Crest Road LLC, acted as the buyer in this transaction. The seller, Ambrose K. Monnell, Lili C. Monnell, and Maia Monell, completed the sale of the property to Crest Road LLC for a total price of $25,000,000. The property offers an expansive space of 6,253 square feet within the desirable Palm Beach market.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Similar Buyers
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Single-Family Rental Investment Trends ReportQ3 2025
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$1,333,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$88,819.73
Cash-on-Cash Return-1.27%
Monthly Debt Service$118,512.75
Annual Debt Service$1,422,153.05
Is there something missing? Send suggestions