Slinkyglade LLC Acquires Single Family Home In Palm Beach For $12.4M
218 Everglade Avenue
$12,400,000
$3,518/SF
Building Size
3,524 SF
Asset Type
Single Family
Closing
May 22, 2024
AI
A single-family home located at 218 Everglade Avenue in Palm Beach has been sold for $12.4 million. The property spans 3,524 square feet, translating to a price per square foot of $3,519.
Summary of transation details:
- Property Type: Single Family
- Transaction Amount: $12,400,000
- Address: 218 Everglade Avenue
- Market: Palm Beach
- Square Footage: 3,524
- Price per Square Foot: $3,519
The buyer of the property is Slinkyglade LLC, represented by Gary Pohrer from Douglas Elliman. The seller was represented by Elizabeth DeWoody from Compass.
Note: A house on Everglade Avenue, initially sold in early 2022 during construction, has been sold again for $12.4 million in Palm Beach.
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
1.28%
Cash-on-Cash
-0.37%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93