Suzanne Frisbie Represents Buyer In $51.6M Sale Of Palm Beach Estate
200 Via Palma
$51,631,500
$5,098/SF
Building Size
10,126 SF
Asset Type
Single Family
Closing
Jul 3, 2024
AI
A remodeled lakeside estate at 200 Via Palma in Palm Beach was sold for $51,631,500. The property, with a transformation from Palm Beach Regency to Mediterranean style, boasts 10,126 sq. ft. of space and 140 feet of Intracoastal Waterway frontage. It features a lakeside pool and extensive landscaping.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $51,631,500
- Address: 200 Via Palma
- Market: Palm Beach
- Square Feet: 10,126
- Price per Square Foot: $5,099
- Seller: Jeanne S. Siegel
- Buyer's Rep: Suzanne Frisbie - The Corcoran Group
- Seller's Rep: Lawrence Moens - Lawrence A. Moens Associates, Inc.
The deal's key individuals involved in this transaction were Jeanne S. Siegel as the seller, represented by Lawrence Moens of Lawrence A. Moens Associates, Inc. The buyer's representative was Suzanne Frisbie from The Corcoran Group. The property's sale showcased the seamless integration of Palm Beach Regency and Mediterranean architectural styles, creating a unique living space for the new owner.
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
0.31%
Cash-on-Cash
-0.09%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93