Andrew Unanue Sells Single Family Home At 120 Clarendon Avenue For $27.5M With Dana Koch And Margit Brandt
SOLD
Florida
See Similar DealsSingle Family Residence12,773 SF
Sold 01/10/2025
SOLD
Andrew Unanue Sells Single Family Home At 120 Clarendon Avenue For $27.5M With Dana Koch And Margit Brandt
120 Clarendon Avenue
See Similar DealsSingle Family Residence12,773 SF
Sold 01/10/2025
Summary
FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$2,153
Total Square Footage:12,773 SF
Transaction Type:Sale
The property sold is a single-family home located at 120 Clarendon Avenue in the Palm Beach market. The sale price was $27,500,000, with a total square footage of 12,773 and a price per square foot of $2,152.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $27,500,000
- Address: 120 Clarendon Avenue
- Market: Palm Beach
- Square Footage: 12,773
- Price Per Square Foot: $2,152
- Seller: Andrew Unanue
- Buyer's Representative: Margit Brandt - Premier Estate Properties
- Seller's Representative: Dana Koch - The Corcoran Group
The transaction was represented by Margit Brandt from Premier Estate Properties on behalf of the buyer and Dana Koch from The Corcoran Group representing the seller, ensuring a professional negotiation and transfer process for both parties involved in the deal.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$1,466,666.66
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$97,701.70
Cash-on-Cash Return-1.27%
Monthly Debt Service$130,364.03
Annual Debt Service$1,564,368.36
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