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232 Linda Lane

Rob Gray Of T&R Development Sells Single Family Home In West Palm Beach For $6.25M
SOLDSingle Family Residence

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

Carol Sollak

Engel & Völkers

Broker

$64.9M

vol

7 deals

Broker
Engel & Völkers
Engel & VölkersBrokerage
Compass
CompassBrokerage
Rob Gray

Rob Gray

Seller

$6.3M

vol

1 deal

Seller

West Palm Beach Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

Loading comparables…

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