Updated Sep 17, 2026
Steven L. Hotz Acquires Waterfront Home In North Palm Beach For $8.75 Million
11730 Lake Shore Place
$8,750,000
$1,988/SF
Building Size
4,400 SF
Asset Type
Single Family
Closing
Sep 9, 2026
About this deal
AI
A waterfront single-family home located at 11730 Lake Shore Place in North Palm Beach, FL, has been sold for $8,750,000. The property encompasses 4,400 square feet, translating to a price per square foot of $1,989. The four-bedroom residence was previously acquired by the sellers for $5.4 million in 2021.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $8,750,000
- Address: 11730 Lake Shore Place
- Market: North Palm Beach, FL
- Square Footage: 4,400
- Price Per Square Foot: $1,989
- Buyer: Steven L. Hotz
- Seller: Leanne & Kenneth Glueck
- Brokers: Paul Thomson, Rob Thomson & Harrison Allen - Waterfront Properties and Club Communities
Players
North Palm Beach Single Family Market Snapshot
Boundary boundary · Single Family · Sale transactions
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Deal FAQ
About $2K per square foot on a published $8.8M for 4,400 square feet (2026).
Visit Robert (Rob) Thomson to view all their deals.
Browse North Palm Beach single family sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.81%
Cash-on-Cash
-0.52%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93