Charles Bushong Purchases Palm Beach Single Family Home From Janice Conlan Byrne For $12.75M
485 South County Road
$12,750,000
$2,189/SF
Building Size
5,824 SF
Asset Type
Single Family
Closing
Mar 3, 2026
AI
A South County Road home near Worth Avenue in Palm Beach has sold for $12.75 million. This single-family asset spans 5,824 square feet and features a main house comprising four bedrooms, alongside a poolside guesthouse, situated on a 0.3-acre lot, two blocks south of Gulfstream Road.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $12,750,000
- Address: 485 South County Road
- Market: Palm Beach
- Square Footage: 5,824
- Price Per Square Foot: $2,189
- Buyer: Charles Bushong
- Seller: Janice Conlan Byrne
- Buyer's Representative: Reinhard Brandner & Clay Grubman - Rinker Realty
- Seller's Representative: Jack Rooney - Douglas Elliman
The transaction reflects a change of ownership from the late Suzanne Conlan Frank’s estate to insurance entrepreneur Charles Bushong. The sale brings a significant property transfer within a prime Palm Beach location, facilitated by experienced real estate agents representing both parties in the deal.
Players
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
1.24%
Cash-on-Cash
-0.36%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93