Updated Dec 4, 2024
Spencer Schlager Of Douglas Elliman Brokers $17.09M Sale Of Single Family Home In Palm Beach
201 Dunbar Road
$17,090,000
$2,760/SF
Building Size
6,190 SF
Asset Type
Single Family
Closing
Sep 10, 2024
About this deal
AI
201 Dunbar Road is a newly built single-family home located in Palm Beach, featuring 6,190 square feet of living space and set on 0.4 acres. The property, which sold for $17,090,000, translates to a price per square foot of $2,761. This 5-bedroom residence includes a detached guest house, high ceilings, dual primary bathrooms, and a full house generator, and is conveniently situated just one block from the beach.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $17,090,000
- Square Footage: 6,190
- Address: 201 Dunbar Road
- Market: Palm Beach
- Acres: 0.4
- Price Per Square Foot: $2,761
- Broker: Spencer Schlager - Douglas Elliman
The deal was facilitated by Spencer Schlager, representing the buyer through Douglas Elliman. Schlager played a significant role in the transaction, ensuring a successful sale of this luxury property.
On the Map
$17,090,000
$2,760/SF
Single Family
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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
0.93%
Cash-on-Cash
-0.27%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93