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Gary Osier Purchases Waterfront Home From Mike Collins And Samantha Curry For $11.5M

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SOLD
$11,500,000

Florida

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Single Family5,000 SF
Sold 05/27/2025
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SOLD

Gary Osier Purchases Waterfront Home From Mike Collins And Samantha Curry For $11.5M

5501 South Flagler Drive

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Single Family5,000 SF
Sold 05/27/2025
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Summary

FLORIDA
Asset Type:Single Family
Price Per Square Foot:$2,300
Total Square Footage:5,000 SF
Transaction Type:Sale

A single family residence located at 5501 South Flagler Drive in West Palm Beach has been sold for $11,500,000. The property spans 5,000 square feet, with a price per square foot of $2,300.

Summary of transaction details:

  • Property Type: Single Family
  • Transaction Amount: $11,500,000
  • Buyer: Gary Osier
  • Seller: Mike Collins & Samantha Curry
  • Brokers: Lawrence Moens - Lawrence A. Moens Associates Inc., Samantha Curry - Douglas Elliman
  • Date of Sale: 05/27/2025
  • Market: West Palm Beach
  • Square Footage: 5,000
  • Price per Square Foot: $2,300

The transaction involved Gary Osier purchasing the fully furnished waterfront home from brokers Samantha Curry and her husband Mike Collins. The couple acquired the property in 2020 for $3.27 million and fully renovated the residence, achieving the first waterfront sale on Flagler Drive in over a year.

Players

64 deals$2.4B volume(561) 655-5510
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Samantha Curry
18 deals$247.4M volume(561) 530-2227
BROKER

Samantha Curry
Douglas Elliman
18 deals$247.4M volume
SELLER

Details

SOLD
IMAGE: Samantha Curry DATE: 05/27/2025 ADDRESS: 5501 South Flagler Drive MARKET: West Palm Beach ASSET TYPE: Single Family BUYER: Gary Osier SELLER: Mike Collins & Samantha Curr BROKERS: Lawrence Moens - Lawrence A. Moens Associates Inc. Samantha Curry (@Samanthasellspalmbeach) - Douglas Elliman (@DouglasElliman) SALE PRICE: $11,500,000 SF: 5,000 ~ PPSF: $2,300 NOTE: Gary Osier bought a fully furnished waterfront home on South Flagler Drive in West Palm Beach for $11.5M from Douglas Elliman broker Samantha Curry and her husband Mike Collins. The couple purchased the property for $3.27M in 2020 and fully renovated the 5,000 SF residence, marking the first Flagler Drive waterfront sale in over a year.

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

$613,333.32

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$40,857.09
Cash-on-Cash Return-1.27%
Monthly Debt Service$54,515.87
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