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200 Via Palma

Suzanne Frisbie Represents Buyer In $51.6M Sale Of Palm Beach Estate
SOLDSingle Family

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:

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

Lawrence Moens

Broker

$2.4B

vol

64 deals

Broker

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