Alec Scheiner Of RedBird Capital Partners Acquires Single Family Home In Palm Beach
Palm Beach Gardens, Florida, United States
$6,100,000
$515/SF
Building Size
11,837 SF
Asset Type
Single Family Residence
Closing
Jul 30, 2020
AI
A single-family property in Palm Beach was recently sold for a price of $6,100,000. The property spans 4,140 square feet, resulting in a price per square foot of $1,473. The sale took place on July 30, 2021.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $6,100,000
Alec Scheiner, the buyer, represented RedBird Capital Partners in the transaction. Maura Ziska served as the seller. Lilly Leas of Brown Harris Stevens represented Alec Scheiner, while Christine Gibbons of Sotheby’s International Realty acted as the seller's representative.
Players
Palm Beach Gardens 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
2.60%
Cash-on-Cash
-0.74%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93