facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

Florida

/

Single Family

/

Sale

/

345 Pendleton Lane

Leta Austin Foster Sells Georgian Revival-style House In Palm Beach For $12.5M
SOLDSingle Family

Leta Austin Foster Sells Georgian Revival-style House In Palm Beach For $12.5M

345 Pendleton Lane

$12,500,000

Building Size

Asset Type

Single Family

Closing

Dec 7, 2023

AI

Palm Beach interior designer Leta Austin Foster and her husband have sold their Georgian Revival-style house located at 345 Pendleton Lane for $12.5 million. The house, which features five bedrooms, has retained its exterior preservation despite the change in ownership.

Summary of transaction details

  • Property Type: Single Family
  • Sale Price: $12,500,000
  • Address: 345 Pendleton Lane, Palm Beach

The buyer's representative in this transaction is Christopher Anthony Vila from PB Realty Advisors, while Jeff Cloninger from Sotheby's International Realty represented the seller, Ridgely & Leta Austin Foster.

Players

Jeff Cloninger

Sotheby's International Realty

Broker

$24.5M

vol

2 deals

Broker

Palm Beach Single Family Market Snapshot

Boundary boundary · Single Family · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.27%

Cash-on-Cash

-0.36%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93