Updated Oct 15, 2026
Kathleen Ryan And David L. Ryan Acquire Single Family Home In Palm Beach For $14M
153 Kings Road
$14,000,000
$2,316/SF
Building Size
6,043 SF
Asset Type
Single Family
Closing
Mar 12, 2025
About this deal
AI
The property asset involved in the transaction is a single-family home located at 153 Kings Road in the Palm Beach market. This property was sold for $14,000,000.00 and encompasses a total square footage of 6,043.0.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $14,000,000.00
- Address: 153 Kings Road
- Market: Palm Beach
- Square Footage: 6,043.0
- Buyer: Kathleen Ryan; David L. Ryan - D.L. Ryan Cos.
- Seller: Lori Bernstein; Michael Bernstein - MEB Finance Solutions Inc
- Buyer's Representative: Margit Brandt - Premier Estate Properties
- Seller's Representatives: Christopher (Chris) Leavitt - Douglas Elliman; Ashley McIntosh - Douglas Elliman
The transaction involved Kathleen Ryan and David L. Ryan, representing D.L. Ryan Cos. on the buyer's side. The seller's side included Lori Bernstein and Michael Bernstein, associated with MEB Finance Solutions Inc. The deal was facilitated by representatives from Premier Estate Properties and Douglas Elliman, showcasing a collaborative effort from established real estate professionals.
On the Map
$14,000,000
$2,316/SF
Single Family
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Players
Palm Beach Single Family Market Snapshot
Boundary boundary · Single Family · Sale transactions
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About $2.3K per square foot on a published $14M for 6,043 square feet (2025).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.13%
Cash-on-Cash
-0.32%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93