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Palm Beach, FL, USA

Dana E. Landry & William F.X. Moody Sell Palm Beach Single Family For $14M
SOLDSingle Family

Dana E. Landry & William F.X. Moody Sell Palm Beach Single Family For $14M

Palm Beach, FL, USA

$14,000,000

$1,873/SF

Building Size

7,472 SF

Asset Type

Single Family

Closing

Jul 27, 2021

AI

A single family property in Palm Beach was recently sold for $14,000,000. The property, with a square footage of 7,472, was listed by Dana E. Landry & William F.X. Moody. The transaction was facilitated by broker Dana E. Landry of Dana Edward Landry agency. The sale price equates to approximately $1,874 per square foot.

Summary of transaction details

  • Property Type: Single Family
  • Transaction Amount: $14,000,000

Dana E. Landry & William F.X. Moody were the sellers of this Palm Beach property. The sale was successfully managed by Dana E. Landry of Dana Edward Landry agency, who represented the sellers in the transaction.

Players

Dana E. Landry

Broker

$49.7M

vol

3 deals

Broker

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

1.13%

Cash-on-Cash

-0.32%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93