Susan Dee Bagwell Haslam And Jimmy Haslam Acquire Oceanfront Home In North Palm Beach For $25M
11914 Turtle Beach Road
$25,000,000
$4,233/SF
Building Size
5,906 SF
Asset Type
Single Family
Closing
Jul 3, 2025
AI
A single-family oceanfront home located at 11914 Turtle Beach Road in North Palm Beach was sold for $25,000,000. The property spans 5,906 square feet and sits on a 1.1-acre lot, resulting in a price per square foot of $4,233. Its sale was conducted as an off-market transaction.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $25,000,000
- Address: 11914 Turtle Beach Road
- Market: North Palm Beach
- Square Footage: 5,906
- Price Per Square Foot: $4,233
- Buyer: Susan “Dee” Bagwell Haslam & Jimmy Haslam
- Seller: Robert & Diane White
- Acres: 1.1
Susan “Dee” Haslam, through the Knox-Main Trust, acquired the property from Robert and Diane White, who previously purchased the home in 1990 for $3.2 million, demonstrating a significant return on investment for the sellers.
Players
North 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
0.63%
Cash-on-Cash
-0.18%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93