Updated Dec 18, 2023
Timothy Miller Acquires Fort Lauderdale SFR For $1.4M
2525 Okeechobee Lane, Fort Lauderdale, Florida 33312, United States
$1,399,999
$706/SF
Building Size
1,983 SF
Asset Type
Single Family Residence
Closing
Mar 27, 2022
About this deal
AI
A single-family home located at 2525 Okeechobee Ln in Fort Lauderdale has been recently sold for $1,399,999. The property spans 1,983 square feet with a price per square foot of $706. The sale took place on March 28, 2022, and the transaction was captured by photographer Alex Llic.
Summary of transaction details:
- Property Type: Single-Family Home
- Transaction Amount: $1,399,999
- Address: 2525 Okeechobee Ln, Fort Lauderdale
- Market: Fort Lauderdale
The buyer of this property is Timothy Miller, while the seller is Milorad Ubovic. The seller was represented by Alex Llic of Luxe Properties LLC, who facilitated the transaction on behalf of the seller. The sale price of $1,399,999 and the square footage of 1,983 were negotiated between the parties.
Players
Fort Lauderdale Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
Loading comparables…
Deal FAQ
About $706 per square foot on a published $1.4M for 1,983 square feet (2022).
Visit Douglas Elliman to view all their deals.
Browse Florida single family residence sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
11.33%
Cash-on-Cash
-3.24%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93