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Palm Beach, FL, USA

Updated Oct 29, 2024

Steve Wynn Purchases Single Family Home In Palm Beach For $24M
SOLDSingle Family

Steve Wynn Purchases Single Family Home In Palm Beach For $24M

Palm Beach, FL, USA

$24,000,000

$4,745/SF

Building Size

5,057 SF

Asset Type

Single Family

Closing

Apr 7, 2021

About this deal

AI

A single-family property located in Palm Beach has been sold for a price of $24,000,000. The property spans 5,057 square feet, resulting in a price per square foot of $4,746. The transaction took place on April 7, 2021.

Summary of Transaction Details:

Steve Wynn purchased the property from Brooke Garden and Edward Garden, who represent Trian Partners. Lawrence Moens from Lawrence A. Moens Associates acted as the broker in this deal.

The single family sale at Palm Beach, FL, USA in Palm Beach, Florida sold for $24M in 2021. The building is 5,057 square feet, implying about 4.7K per square foot on the published price. Lawrence Moens, Steve Wynn, William Raveis Real Estate, Douglas Elliman appear on the sale alongside William Raveis Real Estate, Douglas Elliman, Sotheby's International Realty. This page is the Palm Beach, Florida file for the Palm Beach, FL, USA single family sold: pricing, party profiles, and other closed single family comps from the same Palm Beach sit in the Market section below. Filter that Palm Beach single family set by closing date to see what else sold near Palm Beach, FL, USA around 2021. Published consideration for Palm Beach, FL, USA is $24M, dated 2021. Cite this Steve Wynn Purchases Single Family Home In Palm Beach For $24M sale when underwriting similar single family product around Palm Beach, Florida.

Players

Lawrence Moens

Broker

$2.4B

vol

65 deals

Broker
William Raveis Real Estate
William Raveis Real EstateBrokerage
Compass
CompassBrokerage

Steve Wynn

Wynn Resorts

Buyer

$310.9M

vol

8 deals

Buyer

Palm Beach Single Family Market Snapshot

Boundary boundary · Single Family · Sale transactions

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Deal FAQ

Steve Wynn bought a home in Palm Beach for $24M in 2021. The full closing is on this page.

About $4.7K per square foot on a published $24M for 5,057 square feet (2021).

Visit Lawrence Moens to view all their deals.

Browse Florida single family sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.66%

Cash-on-Cash

-0.19%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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