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218 Miraflores Drive

Scott W. Hoffman Acquires Single Family Home At 218 Miraflores Drive From Vera Alfieri Monforte For $13.75M
SOLDSingle Family

Scott W. Hoffman Acquires Single Family Home At 218 Miraflores Drive From Vera Alfieri Monforte For $13.75M

218 Miraflores Drive

$13,750,000

$2,889/SF

Building Size

4,758 SF

Asset Type

Single Family

Closing

Mar 14, 2025

AI

The property asset involved in the transaction is a single-family home located at 218 Miraflores Drive in the Palm Beach market. This property was sold for $13,750,000.00 and encompasses a total of 4,758 square feet.

Summary of transaction details:

The transaction highlights Scott W. Hoffman as the buyer and Vera Alfieri Monforte as the seller, facilitated by broker Christian Angle of Christian Angle Real Estate, who represented the seller in this deal.

Players

Christian Angle

Christian Angle Real Estate

Broker

$2.8B

vol

101 deals

Broker
RT
Revocable TrustBuyer

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

1.15%

Cash-on-Cash

-0.33%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93