Updated Oct 29, 2024
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
About this deal
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
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