Tommy & Dee Olceppo Hilfiger Acquire Palm Beach Single Family For $21M
SOLD
$21,000,000
Florida
See Similar DealsSingle Family5,047 SF
Sold 06/01/2021
SOLD
Tommy & Dee Olceppo Hilfiger Acquire Palm Beach Single Family For $21M
Palm Beach, FL, USA
See Similar DealsSingle Family5,047 SF
Sold 06/01/2021
Summary
FLORIDA
Asset Type:Single Family
Price Per Square Foot:$4,160
Total Square Footage:5,047 SF
Transaction Type:Sale
A single-family home in Palm Beach has been sold for $21,000,000. The property spans 5,047 square feet, resulting in a price per square foot of $4,161. The transaction was completed on June 1, 2021.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $21,000,000
The buyers of the property were Tommy and Dee Olceppo Hilfiger. The sellers were Irene Dizney and Donald Dizney, who is associated with United Medical Corporation. The deal was facilitated by Christian Angle of Christian Angle Real Estate, who acted as the broker in the transaction.
Players
Details
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
Similar Buyers
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
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.
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
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$1,120,000.01
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$74,608.56
Cash-on-Cash Return-1.27%
Monthly Debt Service$99,550.71
Annual Debt Service$1,194,608.56
Is there something missing? Send suggestions