Updated Oct 29, 2024
Elizabeth Leeds Acquires Palm Beach Single Family For $35.6M From Seller Randolph De Lano
Palm Beach, FL, USA
$35,600,000
$3,077/SF
Building Size
11,567 SF
Asset Type
Single Family Residence
Closing
Dec 10, 2021
About this deal
AI
Located in Palm Beach, this single-family property sits on a spacious lot spanning 1.3 acres. The property was recently sold on December 10, 2021, by Randolph De Lano & Tamara De Lano. The sale was facilitated by Elizabeth Leeds, along with Jeffrey T. Leeds of Leeds Equity Partners. The transaction involved a sale price of $35,600,000, with the property offering an ample living space of 11,567 square feet. The price per square foot was $3,078.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $35,600,000
- Market: Palm Beach
- Acres: 1.3
- Buyer: Elizabeth Leeds; Jeffrey T. Leeds - Leeds Equity Partners
- Seller: Randolph De Lano & Tamara De Lano
- Square Footage: 11,567
- Price per Square Foot: $3,078
Elizabeth Leeds, accompanied by her husband Jeffrey T. Leeds, represented by Leeds Equity Partners, acted as the buyer in this transaction. On the other hand, Randolph De Lano and Tamara De Lano were the sellers of the property.
Players
Palm Beach Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $3.1K per square foot on a published $35.6M for 11,567 square feet (2021).
Browse Florida single family residence sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.45%
Cash-on-Cash
-0.13%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93