Updated Dec 4, 2024
HousePoor LLC Acquires Laura Andrassy's Palm Beach Single Family Home For $24.29M
167 Dunbar Road
$24,290,000
$3,232/SF
Building Size
7,514 SF
Asset Type
Single Family
Closing
Dec 7, 2023
About this deal
AI
Laura Andrassy, ex-wife of golfer Greg Norman, has sold her custom-built Palm Beach home at 167 Dunbar Road for $24.29 million to HousePoor LLC. The West Indies-style residence, purchased in 2010 for $3.25 million, features five bedrooms and a bar-and-lounge. It was listed at $28 million and ultimately sold for $1.7 million less than the recorded deed price.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $24,290,000
- Market: Palm Beach
- Address: 167 Dunbar Road
Michelle Thomson of Coldwell Banker and Morgan Dillavou of Florida Living Realty represented the buyer and the seller, respectively, in this deal.
On the Map
$24,290,000
$3,232/SF
Single Family
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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
0.65%
Cash-on-Cash
-0.19%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93