Ashley McIntosh And Kendall Corso Of Douglas Elliman Represent Seller In $25M Palm Beach Sale
SOLD
Florida
See Similar DealsSingle Family Residence11,219 SF
Sold
SOLD
Ashley McIntosh And Kendall Corso Of Douglas Elliman Represent Seller In $25M Palm Beach Sale
150 Dunbar Road & 151 Atlantic Avenue
See Similar DealsSingle Family Residence11,219 SF
Sold
Summary
FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$2228
Total Square Footage:11219 SF
Transaction Type:Sale
The transaction involved a single-family property located at 150 Dunbar Road and 151 Atlantic Avenue in the Palm Beach market. The sale price for the property was $25,000,000.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $25,000,000
- Seller's Representative: Ashley McIntosh & Kendall Corso - Douglas Elliman
- Buyer's Representative: Elizabeth DeWoody - Compass
In this transaction, Ashley McIntosh and Kendall Corso represented the seller, while Elizabeth DeWoody represented the buyer. The collaboration involved key brokerage firms, with Douglas Elliman facilitating the seller's side and Compass handling the buyer's perspective.
Players
BROKERAGE
BROKERAGE
Details
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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
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