facebook

traded

+ Submit
Home

/

Deals

/

Florida

/

Single Family

/

Sale

/

1066 North Ocean Boulevard

Creekshore LLC Acquires Single Family Home From Thomas E. Harvey And Cathleen P. Black For $18M
SOLDSingle Family

Creekshore LLC Acquires Single Family Home From Thomas E. Harvey And Cathleen P. Black For $18M

1066 North Ocean Boulevard

$18,000,000

$4,181/SF

Building Size

4,305 SF

Asset Type

Single Family

Closing

Jun 11, 2025

AI

The property asset involved in this transaction is a single-family home located at 1066 North Ocean Boulevard in Palm Beach. It features a total of 4,305 square feet and has a sale price of $18,000,000, which equates to a price per square foot of $4,181.

Summary of transaction details:

  • Property Type: Single Family
  • Transaction Amount: $18,000,000
  • Address: 1066 North Ocean Boulevard
  • Market: Palm Beach
  • Square Footage: 4,305
  • Price Per Square Foot: $4,181
  • Buyer: Creekshore LLC
  • Seller: Thomas E. Harvey & Cathleen P. Black
  • Buyer's Representative: Ryan Serhant - Serhant
  • Seller's Representatives: Ashley McIntosh & Kendall Corso - Douglas Elliman

Ryan Serhant represented the buyer, Creekshore LLC, in this transaction. The sellers, Thomas E. Harvey and Cathleen P. Black, were represented by Ashley McIntosh and Kendall Corso from Douglas Elliman.

Players

Ashley McIntosh

Douglas Elliman

Broker

$570.8M

vol

24 deals

Broker
Serhant
SerhantBrokerage

Palm Beach Single Family Market Snapshot

Boundary boundary · Single Family · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.88%

Cash-on-Cash

-0.25%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93