Updated Apr 9, 2026
Jake’s Article III Trust Acquires Single Family Home In Palm Beach From Marc Julien And Mark Marcello For $15.75M
220 Arabian Road
$15,750,000
$3,939/SF
Building Size
3,998 SF
Asset Type
Single Family
Closing
Apr 1, 2026
About this deal
AI
A single-family home located at 220 Arabian Road in Palm Beach has been sold for $15.75 million. The property spans 3,998 square feet and sits on a 0.26-acre lot. It features six bedrooms and 6.5 bathrooms, along with a pool that includes a loggia, reflective of rising mid-block home values on the island.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $15,750,000
- Square Footage: 3,998
- Price per Square Foot: $3,939
- Buyer: Jake’s Article III Trust
- Seller: Marc Julien; Mark Marcello - Windsor Private Capital
- Brokers: Stephen Ploof - Hilton Hilton
- Address: 220 Arabian Road
- Market: Palm Beach
- Acres: 0.26
Marc Julien and Mark Marcello, representing Windsor Private Capital, executed the transaction with Jake’s Article III Trust as the buyer. The involvement of Stephen Ploof from Hilton Hilton facilitated the sale process.
On the Map
$15,750,000
$3,939/SF
Single Family
View full map
Players
Palm Beach Single Family Market Snapshot
Boundary boundary · Single Family · Sale transactions
Loading comparables…
Deal FAQ
Visit Margit Brandt to view all their deals.
Browse Palm Beach single family sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.01%
Cash-on-Cash
-0.29%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93