Rob Gray Of T&R Development Sells Single Family Home In West Palm Beach For $6.25M
232 Linda Lane
$6,250,000
$1,508/SF
Building Size
4,144 SF
Asset Type
Single Family Residence
Closing
Aug 24, 2025
AI
The transaction involves a single-family home located at 232 Linda Lane in the West Palm Beach market. The sale price for the property was $6,250,000, and it spans 4,144 square feet, translating to a price per square foot of $1,508. The sale includes all furniture and accessories within the property.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $6,250,000
- Address: 232 Linda Lane
- Market: West Palm Beach
- Square Footage: 4,144
- Price Per Square Foot: $1,508
- Seller: Rob Gray - T&R Development
- Buyer's Representative: Jeannette Pawula - Compass
- Seller's Representative: Carol Sollak - Engel & Völkers
Jeannette Pawula represents the buyer in this transaction, contributing to her progress in the West Palm Beach's SoSo neighborhood, known for its luxury developments. Carol Sollak serves as the seller's representative for T&R Development, which specializes in properties ranging from $2M to $8M, thus enhancing the area's luxury residential appeal.
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
2.54%
Cash-on-Cash
-0.73%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93