Updated Jul 15, 2026
SOLDSingle Family Residence
Margit Brandt Of Premier Estate Properties Represents Buyer In $9M Palm Beach Land Sale
324 Eden Road
$9,000,000
$641/SF
Building Size
14,031 SF
Asset Type
Single Family Residence
Closing
Jul 7, 2026
About this deal
AI
The property asset involved in the transaction is land located at 324 Eden Road in the Palm Beach market. The sale price of the land was $9,000,000, covering an area of 14,031 square feet, which equates to a price per square foot of $641.
Summary of transaction details:
- Property Type: Land
- Transaction Amount: $9,000,000
- Square Footage: 14,031
- Price per Square Foot: $641
- Address: 324 Eden Road
- Market: Palm Beach
- Buyer's Representative: Margit Brandt - Premier Estate Properties
- Seller's Representatives: Dana Koch - The Corcoran Group; Dovi Ettedgui - Serhant
The transaction involved key individuals including Margit Brandt, representing the buyer through Premier Estate Properties, while the sellers were represented by Dana Koch from The Corcoran Group and Dovi Ettedgui from Serhant. Each played a critical role in facilitating the sale of this land in a prominent market.
On the Map
$9,000,000
$641/SF
Single Family Residence
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Palm Beach 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
1.76%
Cash-on-Cash
-0.50%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93