Tommy & Dee Olceppo Hilfiger Acquire Palm Beach Single Family For $21M
Palm Beach, FL, USA
$21,000,000
$4,160/SF
Building Size
5,047 SF
Asset Type
Single Family
Closing
Jun 1, 2021
AI
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
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
0.76%
Cash-on-Cash
-0.22%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93