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680 South Ocean Boulevard, ...

Richard Kurtz's Kamson Corp. Sells Palm Beach Single Family For $32.1M With Buyer's Rep Dana Koch & Paulette Koch And Seller's Rep Jim McCann
SOLDSingle Family Residence

Richard Kurtz's Kamson Corp. Sells Palm Beach Single Family For $32.1M With Buyer's Rep Dana Koch & Paulette Koch And Seller's Rep Jim McCann

680 South Ocean Boulevard, Palm Beach, FL, USA

$32,130,000

$3,560/SF

Building Size

9,025 SF

Asset Type

Single Family Residence

Closing

Apr 13, 2021

AI

A single-family property located at 680 S Ocean Blvd in Palm Beach has been sold for $32,130,000. The transaction took place on April 14, 2021. The property spans approximately 9,025 square feet, resulting in a price per square foot of $3,560.

Summary of transaction details:

  • Property Type: Single Family
  • Transaction Amount: $32,130,000
  • Address: 680 S Ocean Blvd
  • Market: Palm Beach

The seller of the property was Richard Kurtz from Kamson Corp., while the buyer's representatives were Dana Koch and Paulette Koch from The Corcoran Group. The seller's representative in the deal was Jim McCann from Premier Estate Properties.

Players

James McCann

Premier Estate Properties

Broker

$541.1M

vol

22 deals

Broker

Richard Kurtz

Kamson Corp.

Seller

$59.6M

vol

2 deals

Seller

Boca Raton 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

0.49%

Cash-on-Cash

-0.14%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93