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220 Wells Road Trust Acquires Palm Beach Single Family Home From William J. Diamond & Regine Traulsen For $16.175M

Property Image
SOLD
$16,175,000

Florida

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Single Family4,739 SF
Sold 04/01/2025
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Property Image
SOLD

220 Wells Road Trust Acquires Palm Beach Single Family Home From William J. Diamond & Regine Traulsen For $16.175M

200 Wells Road

See Similar Deals
Single Family4,739 SF
Sold 04/01/2025
the dealplayerscompscontact
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Summary

FLORIDA
Asset Type:Single Family
Price Per Square Foot:$3,413
Total Square Footage:4,739 SF
Transaction Type:Sale

The property involved in this transaction is a single-family home located at 200 Wells Road in Palm Beach, encompassing 0.45 acres and offering a total square footage of 4,739. The asset was sold for $16,175,000, which equates to a price per square foot of $3,413.

Summary of transaction details:

  • Property Type: Single Family
  • Transaction Amount: $16,175,000
  • Address: 200 Wells Road
  • Market: Palm Beach
  • Square Footage: 4,739
  • Price per Square Foot: $3,413
  • Buyer: 220 Wells Road Trust
  • Seller: William J. Diamond & Regine Traulsen
  • Broker: Lawrence Moens - Lawrence A. Moens Associates
  • Acres: 0.45

Fashion designer Regine Traulsen and her husband William J. Diamond successfully sold their home, which they originally purchased for $3,765,000 in 2004. The deal reflects robust market demand for residential properties in the area.

Players

LM
Lawrence Moens
64 deals$2.4B volume(561) 655-5510
BROKER

Details

SOLD
IMAGE: William J. Diamond & Regine Traulsen DATE: 04/01/2025 ADDRESS: 200 Wells Road MARKET: Palm Beach ASSET TYPE: Single Family ~ ACRES: 0.45 BUYER: 220 Wells Road Trust SELLER: William J. Diamond & Regine Traulsen BROKER: Lawrence Moens - Lawrence A. Moens Associates SALE PRICE: $16,175,000 SF: 4,739 ~ PPSF: $3,413 NOTE: Fashion designer Regine Traulsen and her husband William J. Diamond sold their 4,739 SF Palm Beach home at 200 Wells Road for $16.175M to the 220 Wells Road Trust. The property, bought for $3.765M in 2004, sold for $3,413 PSF amid strong market demand; Lawrence Moens brokered the deal. Associates

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

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