Alia Bint Hussein Sells Palm Beach Single Family Home To 1330 NLW For $45.4M
Palm Beach, Florida, United States
$45,400,000
$6,441/SF
Building Size
7,048 SF
Asset Type
Single Family
Closing
Mar 21, 2022
AI
A single-family property in Palm Beach has been sold for $45,400,000. The property spans 7,048 square feet, resulting in a price per square foot of $6,442. The transaction took place on 03/21/2022.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $45,400,000
- Market: Palm Beach
- Seller: Alia Bint Hussein
- Buyer: 1330 NLW
Representing the buyer, Christopher Leavitt from Douglas Elliman facilitated the deal. On the other side, the seller was represented by Shelly Newman from William Raveis South Florida.
It is worth noting that Princess Alia bint Hussein, the eldest child of King Hussein of Jordan, is the seller of the property. Her mother is Sharifa Dina bint Abdul-Hamid, the first wife of King Hussein.
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
0.35%
Cash-on-Cash
-0.10%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93