Rob & Randi Valerious Acquire Palm Beach Single Family Home For $8.06M
Palm Beach Gardens, Florida, United States
$8,060,000
$2,302/SF
Building Size
3,500 SF
Asset Type
Single Family Residence
Closing
Jul 2, 2022
AI
A single-family property in Palm Beach has been sold for a price of $8,060,000. The property spans 3,500 square feet, resulting in a price per square foot of $2,303. The sale took place on February 7, 2022, and the transaction was facilitated by Justin B. Besikof of Medeira Partners, who represented the seller. The buyer, Rob and Randi Valerious, was represented by Elizabeth DeWoody of Compass Florida.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $8,060,000
- Market: Palm Beach
- Square Footage: 3,500
- Price per Square Foot: $2,303
The seller, Justin B. Besikof, sought the assistance of Linda R. Olsson, Inc., while the buyer, Rob and Randi Valerious, enlisted the services of Elizabeth DeWoody from Compass Florida. The involvement of these individuals and companies played a crucial role in the transaction.
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
1.97%
Cash-on-Cash
-0.56%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93