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110 Merrian Road

Matthew And Astrid Womble Purchase Single Family Home In Palm Beach For $8.1M With Dana Koch And Jennifer Stepan Beqaj As Representatives
SOLDSingle Family

Matthew And Astrid Womble Purchase Single Family Home In Palm Beach For $8.1M With Dana Koch And Jennifer Stepan Beqaj As Representatives

110 Merrian Road

$8,100,000

$3,000/SF

Building Size

2,700 SF

Asset Type

Single Family

Closing

Mar 12, 2026

AI

The property involved in this transaction is a single-family home located at 110 Merrian Road in Palm Beach. It has a total area of 2,700 square feet and was sold for $8.1 million. The asset features four bedrooms and three bathrooms, along with a pool. It was originally listed at $9.3 million and last sold in 1990 for $500,000.

Summary of transaction details:

  • Property Type: Single Family
  • Transaction Amount: $8,100,000
  • Square Footage: 2,700
  • Price per Square Foot: $3,000
  • Address: 110 Merrian Road
  • Market: Palm Beach
  • Buyer: Matthew & Astrid Womble
  • Buyer’s Representative: Dana Koch - The Corcoran Group
  • Seller’s Representative: Jennifer Stepan Beqaj - Linda R. Olsson

In this transaction, Matthew and Astrid Womble purchased the property with the assistance of Dana Koch, who represented the buyers. The sellers were represented by Jennifer Stepan Beqaj. This sale marks a significant milestone as it is recorded as the priciest sale in South Florida.

Players

Dana Koch

The Corcoran Group

Broker

$1B

vol

42 deals

Broker

Palm Beach Single Family Market Snapshot

Boundary boundary · Single Family · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.96%

Cash-on-Cash

-0.56%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93