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251 North Coconut Lane, Mia...

Sezen Tugba Koc Acquires Miami Beach SFR From Vittorio Veglianesi For $5.15M
SOLDSingle Family Residence

Sezen Tugba Koc Acquires Miami Beach SFR From Vittorio Veglianesi For $5.15M

251 North Coconut Lane, Miami Beach, FL 33139

$5,150,000

$1,234/SF

Building Size

4,171 SF

Asset Type

Single Family Residence

Closing

Jun 14, 2020

AI

A single-family residence located at 251 N Coconut Ln in Miami Beach has recently been sold. The transaction took place on 06/14/2021, and the property was purchased for a price of $5,150,000. The buyer of the property is Sezen Tugba Koc, while the seller is Vittorio Veglianesi. The buyer was represented by Nurdan Yildirim, and the seller was represented by Andres Morales from Brown Harris Stevens.

Summary of transaction details

  • Property Type: Single-Family Residence (SFR)
  • Transaction Amount: $5,150,000
  • Square Footage: 4,171 sqft
  • Price per Square Foot (PPSF): $1,235
  • Address: 251 N Coconut Ln, Miami Beach
  • Lot Size: 7,500 sqft

The property, spanning 4,171 square feet, was sold for a price of $5,150,000, resulting in a price per square foot of $1,235. Situated on a 7,500 square foot lot, the single-family residence offers a spacious living space for its new owner, Sezen Tugba Koc. The transaction was facilitated by the buyer's representative, Nurdan Yildirim, and the seller's representative, Andres Morales from Brown Harris Stevens.

Players

Andres Morales

Broker

$44.8M

vol

8 deals

Broker

Miami Beach Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

3.08%

Cash-on-Cash

-0.88%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93