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5501 South Flagler Drive

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

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

5501 South Flagler Drive

$11,500,000

$2,300/SF

Building Size

5,000 SF

Asset Type

Single Family

Closing

May 27, 2025

AI

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

Lawrence Moens

Broker

$2.4B

vol

64 deals

Broker
Samantha Curry

Samantha Curry

Douglas Elliman

Seller

$247.4M

vol

18 deals

Seller

West 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

1.38%

Cash-on-Cash

-0.39%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93