Updated Mar 13, 2026
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
About this deal
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.
On the Map
$8,100,000
$3,000/SF
Single Family
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Players
Palm Beach Single Family Market Snapshot
Boundary boundary · Single Family · Sale transactions
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Deal FAQ
About $3K per square foot on a published $8.1M for 2,700 square feet (2026).
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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