Updated Nov 15, 2023
Clark & Keith Beaty Sell Palm Beach Single Family Property For $64M With Lawrence Moens - Lawrence A. Moens Associates
Palm Beach, FL, USA
$64,000,000
$4,181/SF
Building Size
15,306 SF
Asset Type
Single Family
Closing
Aug 30, 2021
About this deal
AI
The single-family property in Palm Beach, recently sold for an impressive price of $64,000,000. Spanning over 15,306 square feet, this property offers spacious living areas and luxurious amenities. With a price per square foot of $4,181, the property showcases its high value in the market. Situated on 1.14 acres, the property's price per acre comes to $56,140,350, demonstrating its desirability in the real estate market.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $64,000,000
- Square Footage: 15,306
- Price per Square Foot: $4,181
- Acres: 1.14
- Price per Acre: $56,140,350
- Market: Palm Beach
In this sale, the property was sold by Clark & Keith Beaty. The buyer's representative, Lawrence Moens from Lawrence A. Moens Associates, facilitated the transaction. On the seller's side, Chris Deitz from William Raveis South Florida represented Clark & Keith Beaty. These professionals played a crucial role in ensuring a successful and smooth deal.
Players
Palm Beach Single Family Market Snapshot
Boundary boundary · Single Family · Sale transactions
Loading comparables…
Deal FAQ
Visit Lawrence Moens to view all their deals.
Browse Florida single family sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.25%
Cash-on-Cash
-0.07%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93