Updated Dec 21, 2023
Todd Glaser Acquires $53M Single Family Home In Palm Beach, FL
854 S County Road, Palm Beach, Florida 33480, United States
$53,000,000
$5,210/SF
Building Size
10,171 SF
Asset Type
Single Family Residence
Closing
Feb 22, 1922
About this deal
AI
A single-family property located at 854 S County Rd in Palm Beach, FL was recently sold in a transaction on February 23, 2022. The property spans 10,171 square feet and was sold for a price of $53,000,000, resulting in a price per square foot of $5,211.
Summary of transation details
- Property Type: Single Family
- Transaction Amount: $53,000,000
- Address: 854 S County Rd, Palm Beach, FL
- Market: Palm Beach, FL
Todd Glaser acted as the buyer in this transaction, while the sellers were Darcie Glazer Kassewitz and Joel Kassewitz.
Palm Beach Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $5.2K per square foot on a published $53M for 10,171 square feet.
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.30%
Cash-on-Cash
-0.09%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93