facebook
Traded Co logo
Submit
Daily limit: 0/10

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

Property Image
SOLD
$12,500,000
Jeff Cloninger
Christopher Anthony Vila

Florida

See Similar Deals
Single Family
Sold
the dealplayerscompscontact
Property Image
SOLD

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

345 Pendleton Lane

See Similar Deals
Single Family
Sold
Jeff Cloninger
Christopher Anthony Vila
the dealplayerscompscontact
Contact now

Summary

FLORIDA
Asset Type:Single Family
Transaction Type:Sale

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
Jeff Cloninger
2 deals$24.5M volume
BROKER
Christopher Anthony Vila
PB Realty Advisors
Christopher Anthony Vila
1 deal$12.5M volume(917) 293-5282
BROKER

Details

SOLD
IMAGE: Jeff Cloninger, Leta Austin Foster & Christopher Anthony Vila DATE: 12/07/2023 ADDRESS: 345 Pendleton Lane MARKET: Palm Beach ASSET TYPE: Single Family SELLER: Ridgely & Leta Austin Foster BUYER'S REP: Christopher Anthony Vila - PB Realty Advisors SELLER'S REP: Jeff Cloninger (@Jeff.Sothebys.PalmBeach) - Sotheby's International Realty (@SothebysRealty) SALE PRICE: $12,500,000 NOTE: Palm Beach interior designer Leta Austin Foster and husband sold their Georgian Revival-style house on Pendleton Lane for $12.5 million after nearly 50 years of ownership. The landmarked property, featuring five bedrooms, retained its exterior preservation despite the sale.

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$666,666.67

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$44,409.85
Cash-on-Cash Return-1.27%
Monthly Debt Service$59,256.38
Annual Debt Service$711,076.53