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Cran Grape LLC Acquires Single Family Home In Palm Beach For $23,932,000 With Liza Pulitzer As Buyer's Representative
SOLD
$23,932,000
Florida
See Similar DealsSingle Family6,438 SF
Sold 06/05/2026
SOLD
Cran Grape LLC Acquires Single Family Home In Palm Beach For $23,932,000 With Liza Pulitzer As Buyer's Representative
232 Seabreeze Avenue
See Similar DealsSingle Family6,438 SF
Sold 06/05/2026
Summary
FLORIDA
Asset Type:Single Family
Price Per Square Foot:$3,717
Total Square Footage:6,438 SF
Transaction Type:Sale
The property asset involved in the transaction is a single-family home located at 232 Seabreeze Avenue in Palm Beach, FL. The sale was executed at a price of $23,932,000, encompassing a total square footage of 6,438. The price per square foot amounts to $3,717.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $23,932,000
- Address: 232 Seabreeze Avenue
- Market: Palm Beach, FL
- Square Footage: 6,438
- Price per Square Foot: $3,717
- Buyer: Cran Grape LLC
- Seller: James Carey & Robin Carey
- Buyer's Representative: Liza Pulitzer - Brown Harris Stevens
- Seller's Representative: Crista Ryan - Tina Fanjul Associates
This transaction involved key individuals and companies, with Liza Pulitzer representing the buyer, Cran Grape LLC, while Crista Ryan acted on behalf of the sellers, James Carey and Robin Carey.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$1,276,373.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$85,025.35
Cash-on-Cash Return-1.27%
Monthly Debt Service$113,449.89
Annual Debt Service$1,361,398.67
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