Buck House Limited Acquires Single-Family Property In Palm Beach For $15.5M
Palm Beach, Florida, United States
$15,500,000
$2,528/SF
Building Size
6,131 SF
Asset Type
Single Family
Closing
Mar 3, 2022
AI
A single-family property in Palm Beach has been sold for a price of $15,500,000. The property spans an area of 6,131 square feet, resulting in a price per square foot of $2,528. The sale was finalized on 03/03/2022.
Summary of transaction details
- Property Type: Single-Family
- Transaction Amount: $15,500,000
- Square Footage: 6,131
- Price per Square Foot: $2,528
Buck House Limited acted as the buyer in this transaction. They were represented by Stephen D. Hall from Compass Palm Beach. The seller of the property was Daniel T. Van Voorhis from Continental Communities. Gary Pohrer, a broker from Douglas Elliman, served as the seller's representative.
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
1.02%
Cash-on-Cash
-0.29%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93