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Emma Roberts And Bill Roberts III Purchase Single Family Home From Caroline Birdsall Sory For $8.95M

Property Image
SOLD
$8,950,000

Florida

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Single Family3,250 SF
Sold 03/07/2025
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Property Image
SOLD

Emma Roberts And Bill Roberts III Purchase Single Family Home From Caroline Birdsall Sory For $8.95M

266 Southland Road

See Similar Deals
Single Family3,250 SF
Sold 03/07/2025
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Summary

FLORIDA
Asset Type:Single Family
Price Per Square Foot:$2,753
Total Square Footage:3,250 SF
Transaction Type:Sale

The property involved in this transaction is a single-family residence located at 266 Southland Road, Palm Beach. It was sold for a total price of $8,950,000.00 and comprises a total square footage of 3,250.0.

Summary of transation details:

  • Property Type: Single Family
  • Transaction Amount: $8,950,000.00
  • Address: 266 Southland Road
  • Market: Palm Beach
  • Square Footage: 3,250.0
  • Buyer: Emma Roberts; Bill Roberts III - GW&K
  • Seller: Caroline Birdsall Sory
  • Broker: Gary Pohrer - Douglas Elliman

This transaction involved the brokerage services of Gary Pohrer from Douglas Elliman, representing the seller, Caroline Birdsall Sory, in the sale of the property to the buyers, Emma Roberts and Bill Roberts III from GW&K.

Players

Gary Pohrer
43 deals$1.1B volume(561) 262-0856
BROKER

Details

SOLD
IMAGE: Bill Roberts III & Gary Pohrer DATE: 03/07/2025 ADDRESS: 266 Southland Road MARKET: Palm Beach ASSET TYPE: Single Family BUYER: Emma Roberts; Bill Roberts III - GW&K SELLER: Caroline Birdsall Sory BROKER: Gary Pohrer (@GaryPohrer) - Douglas Elliman (@DouglasElliman) SALE PRICE: $8,950,000 SF: 3,250 ~ PPSF: $2,754 NOTE: Emma R. and T. Williams “Bill” Roberts III bought a four-bedroom Palm Beach home at 266 Southland Road for $8.95M from Caroline Birdsall Sory, co-trustee of a trust linked to her late husband, Bailey “B.B.” Sory III. The Roberts family, who listed another Palm Beach home for sale, purchased the 3,250-square-foot property through agent Gary Pohrer of Douglas Elliman, who also represented the seller.

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$477,333.32

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$31,797.47
Cash-on-Cash Return-1.27%
Monthly Debt Service$42,427.57
Annual Debt Service$509,130.79