Updated Dec 4, 2024
Jean & Dennis Bottorff Sell Palm Beach Home For $36.9M With Brown Harris Stevens
300 North Ocean Boulevard
$36,900,000
$5,355/SF
Building Size
6,890 SF
Asset Type
Single Family
Closing
May 16, 2024
About this deal
AI
The Mediterranean-style estate located at 300 North Ocean Boulevard in Palm Beach has been sold for $36,900,000. This single-family property spans 6,890 square feet and sits on 0.77 acres of land. The transaction was overseen by Brown Harris Stevens, with sellers Jean Bottorff and Dennis C. Bottorff parting ways with their home at a significant gain from its 2004 purchase price of $6.6 million.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $36,900,000
- Market: Palm Beach
- Square Footage: 6,890
- Address: 300 North Ocean Boulevard
- Sellers: Jean Bottorff & Dennis C. Bottorff
- Brokers: Edward Curran & Maureen Woodward - Brown Harris Stevens
Jean Bottorff and Dennis C. Bottorff, the sellers of the property, realized a substantial increase in value since their acquisition in 2004. Edward Curran and Maureen Woodward from Brown Harris Stevens represented the sellers in this noteworthy transaction, showcasing their expertise in the Palm Beach real estate market.
Players
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
0.43%
Cash-on-Cash
-0.12%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93