Updated Sep 30, 2026
SOLDSingle Family
201 Ocean Terrace Trust Acquires Palm Beach Mansion From Kimberly And Scott Goodwin For $16.78M
201 Ocean Terrace
$16,780,000
$3,857/SF
Building Size
4,350 SF
Asset Type
Single Family
Closing
Sep 24, 2026
About this deal
AI
The property asset involved in this transaction is a single-family home located at 201 Ocean Terrace in Palm Beach, FL. The mansion spans 4,350 square feet and is situated on a 0.3-acre lot. It was sold for a total price of $16,780,000, which equates to a price per square foot of $3,857.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $16,780,000
- Address: 201 Ocean Terrace
- Market: Palm Beach, FL
- Acres: 0.3
- Square Footage: 4,350
- Price per Square Foot: $3,857
- Buyer: 201 Ocean Terrace Trust
- Seller: Kimberly Goodwin; Scott Goodwin - Diameter Capital Partners
- Broker: Gary Pohrer - Serhant
The transaction involved Scott and Kimberly Goodwin selling their mansion, which had more than doubled in value from its original purchase price of $7.95 million in 2021. Gary Pohrer represented both the buyer and seller in this sale, facilitating the transaction on both sides.
On the Map
$16,780,000
$3,857/SF
Single Family
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Players
West Newton 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
0.95%
Cash-on-Cash
-0.27%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93