Updated Oct 29, 2024
Senterra Real Estate Group Acquires Palm Beach Single Family Home For $12M
Palm Beach, Florida, United States
$12,000,000
$3,009/SF
Building Size
3,988 SF
Asset Type
Single Family
Closing
Jan 28, 2022
About this deal
AI
The single-family property located in Palm Beach has been sold for a price of $12,000,000. Spanning an area of 3,988 square feet, the property offers a price per square foot of $3,009. The transaction took place on January 28, 2022.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $12,000,000
- Market: Palm Beach
- Square Footage: 3,988
- Price per Square Foot: $3,009
The buyer of the property is Senterra Real Estate Group, represented by Neil H. Tofsky. The seller, Grammarian Inc, is represented by Fawwaz Nazem Kudsi, Nazem Fawwaz Nazem Alkudsi, and Hashim Fawwaz Nazem Alkudsi. Christian Angle of Christian Angle Real Estate served as the broker for this transaction.
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
1.32%
Cash-on-Cash
-0.38%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93