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Palm Beach County Single Family Residence Sold For $21.68 Million

Property Image
SOLD
$21,680,000

Florida

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Single Family Residence7,086 SF
Sold 05/04/2023
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Property Image
SOLD

Palm Beach County Single Family Residence Sold For $21.68 Million

3531 Olde Hampton Dr, Wellington, FL 33414

See Similar Deals
Single Family Residence7,086 SF
Sold 05/04/2023
Contact now

Summary

FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$3,059
Total Square Footage:7,086 SF
Transaction Type:Sale

Palm Beach County, FL - A Single Family Residence located in Palm Beach County, Florida has been sold for a transaction amount of $21,680,000. This property is a Single Family Residence with an undisclosed square footage.

Summary of transaction details

  • Property Type: Single Family Residence
  • Transaction Amount: $21,680,000

The buyer and seller involved in this deal have not been disclosed. The transaction was completed without the representation of any brokers.

Players

 Maria Mendelsohn
6 deals$112.2M volume
BROKER

BNA Bank
LENDER

Details

SOLD
IMAGE: ADDRESS: Palm Beach County MARKET: ASSET TYPE: Single Family Residence BUYER: SELLER: BUYER'S REP: SELLER'S REP: BROKERS: SALE PRICE: 21680000.0 UNITS: ~ PPU: Infinity$ SF: 0 PPSF: Infinity$ NOTE:

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$1,156,266.67

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$77,024.45
Cash-on-Cash Return-1.27%
Monthly Debt Service$102,774.26
Annual Debt Service$1,233,291.13