Alfred F. Kelly & Robert White Sell North Palm Beach Single Family Home To Margaret Kelly, Alfred F. Kelly, Jr. - Visa For $7.9M
833 Turtle Beach Road, North Palm Beach, FL, USA
$7,900,000
$1,417/SF
Building Size
5,573 SF
Asset Type
Single Family Residence
Closing
Apr 11, 2021
AI
A single-family property located at 833 Turtle Beach Road in North Palm Beach has been sold for $7,900,000. The property spans 5,573 square feet, resulting in a price per square foot of $1,418. The transaction took place on April 12, 2021.
Summary of transation details
- Property Type: Single Family
- Transaction Amount: $7,900,000
- Square Footage: 5,573
- Price Per Square Foot: $1,418
- Address: 833 Turtle Beach Road, North Palm Beach
- Buyer: Margaret Kelly, Alfred F. Kelly, Jr. - Visa
- Seller: Robert & Tona White
- Brokers: James Kenny & Paul Kaneb - Lost Tree Village
In this deal, Margaret Kelly and Alfred F. Kelly, Jr. represented Visa as the buyers. The sellers were Robert and Tona White. The transaction was facilitated by brokers James Kenny and Paul Kaneb from Lost Tree Village.
Players
North 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
2.01%
Cash-on-Cash
-0.57%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93