Updated Mar 18, 2026
264 Dunbar Road Trust Acquires Under Construction Mansion In Palm Beach For $18.16M
264 Dunbar Road
$18,160,000
$3,030/SF
Building Size
5,993 SF
Asset Type
Single Family
Closing
Mar 17, 2026
About this deal
AI
A mansion under construction located at 264 Dunbar Road in Palm Beach was sold as-is for $18.16 million. The property, which spans 0.45 acres, is planned as a 5,993-square-foot home featuring six bedrooms and luxury amenities. The construction is being conducted by Albright Construction. The property last changed hands for $14.34 million in March 2025.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $18,160,000
- Address: 264 Dunbar Road
- Market: Palm Beach
- Square Footage: 5,993
- Price Per Square Foot: $3,030
- Buyer: 264 Dunbar Road Trust
- Seller: 264 Dunbar Trust
- Broker: Christian Angle - Christian Angle Real Estate
The 264 Dunbar Trust, represented by trustee Lester E. Lipschutz, sold the property to the 264 Dunbar Road Trust, represented by trustee Alexander Kochman, who will be responsible for completing the buildout of the mansion.
On the Map
$18,160,000
$3,030/SF
Single Family
View full map
Palm Beach Single Family Market Snapshot
Boundary boundary · Single Family · Sale transactions
Loading comparables…
Deal FAQ
Visit Christian Angle 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
0.87%
Cash-on-Cash
-0.25%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93