Compass Florida Represents Buyer In $11.3M Palm Beach Single Family Home Sale
Royal Palm Way
$11,290,000
$1,807/SF
Building Size
6,247 SF
Asset Type
Single Family Residence
Closing
Jan 28, 2022
AI
An impressive single-family home in Palm Beach has been sold for an astonishing $11,290,000. This beautiful property, with a total area of 6,247 square feet, is located in a desirable neighborhood. The sale price per square foot was $1,807, reflecting the exceptional value of this home.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $11,290,000
- Market: Palm Beach
- Square Feet: 6,247
The sellers of this remarkable property were Eileen Hodges Small and Jeffrey Phillips Small. Representing the buyers was Stephen Hall from Compass Florida, ensuring a smooth transaction. On the other hand, Whitney McGurk and Liza Pulitzer from Brown Harris Stevens represented the sellers, providing excellent guidance throughout the deal.
Players
West 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
1.41%
Cash-on-Cash
-0.40%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93