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Palm Beach, Florida, United...

Buck House Limited Acquires Single-Family Property In Palm Beach For $15.5M
SOLDSingle Family

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

Gary Pohrer

Serhant

Broker

$1.1B

vol

44 deals

Broker
BL
Buck House LimitedBuyer
CC
Continental CommunitiesSeller

Palm Beach Single Family Market Snapshot

Boundary boundary · Single Family · Sale transactions

Loading comparables…

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