Updated Jan 9, 2026
225 El Pueblo Trust Acquires Palm Beach Mansion From Richard Cushing True And Tatiana True For $15.935M
225 El Pueblo Way
$15,935,000
$3,870/SF
Building Size
4,117 SF
Asset Type
Single Family
Closing
Jan 8, 2026
About this deal
AI
The property asset involved in the transaction is a single-family home located at 225 El Pueblo Way in Palm Beach, encompassing an area of 0.29 acres. The property sold for $15,935,000, translating to a price per square foot of approximately $3,871. It features a total of 4,117 square feet of living space.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $15,935,000
- Address: 225 El Pueblo Way
- Market: Palm Beach
- Acres: 0.29
- Square Footage: 4,117
- Price per Square Foot: $3,871
- Buyer: 225 El Pueblo Trust
- Seller: Tatiana True; Richard Cushing True - The Corcoran Group
Richard Cushing True and Tatiana True sold the property to 225 El Pueblo Trust, which is managed by local attorney Guy Rabideau. The sale occurred nearly $5.5 million above its late-2024 sale price.
On the Map
$15,935,000
$3,870/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
1.00%
Cash-on-Cash
-0.28%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93