1330 N Ocean Revocable Trust Acquires 3,676 SF Single Family Property In Palm Beach For $23M
1330 N Ocean Blvd
$23,000,000
$6,256/SF
Building Size
3,676 SF
Asset Type
Single Family
Closing
Apr 20, 2023
AI
A single-family property located at 1330 N Ocean Blvd in Palm Beach has been sold. This property spans 0.56 acres and offers a total of 3,676 square feet of living space. The transaction took place on 04/20/2023 and was facilitated by brokers Liza Pulitzer and Whitney McGurk from Brown Harris Stevens. The property was sold for a total price of $23,000,000, resulting in a price per square foot of $6,257.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $23,000,000
- Address: 1330 N Ocean Blvd
- Market: Palm Beach
- Property Size: 0.56 acres
- Square Feet: 3,676
The buyer of this property is the 1330 N Ocean Revocable Trust, while the seller is Eva Lilja. Liza Pulitzer and Whitney McGurk, representing Brown Harris Stevens, acted as the brokers in this deal.
Players
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
0.69%
Cash-on-Cash
-0.20%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93