SOLD
Ashley Ford Purchases Palm Beach Mansion From Martha Lee Johnson And Stan Johnson Company For $15.8M
244 Nightingale Trail
$15,800,000
$3,955/SF
Building Size
3,994 SF
Asset Type
—
Closing
May 20, 2026
About this deal
AI
A single-family home located at 244 Nightingale Trail in Palm Beach, FL, has been sold for $15,800,000. The property spans 3,994 square feet and sits on a 0.58-acre lot. The mansion was originally built in 1950 and features four bedrooms. The transaction reflects a significant increase in value, as the residence was last purchased for $3.26 million in 2018, showcasing continued demand in the luxury real estate market in Palm Beach.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $15,800,000
- Address: 244 Nightingale Trail, Palm Beach, FL
- Asset Size: 3,994 SF
- Price Per Square Foot: $3,956
- Buyer: Ashley Ford
- Seller: Martha Lee Johnson; Stan Johnson - Stan Johnson Company
- Broker: Gary Pohrer - Serhant
- Acquisition Entity: 244 Nightingale LLC
- Trust: ASF Trust
The transaction was brokered on both sides by Gary Pohrer of Serhant. This sale illustrates the strong luxury residential pricing currently observed on the island, reflecting robust market conditions and buyer interest in Palm Beach properties.
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.00%
Cash-on-Cash
-0.29%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93