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280 S Coconut Ln, Miami Bea...

Darko Dejanovic Acquires SFR In Miami Beach For $4.9M
SOLDSingle Family Residence

Darko Dejanovic Acquires SFR In Miami Beach For $4.9M

280 S Coconut Ln, Miami Beach, FL 33139, USA

$4,900,000

$65/SF

Building Size

74,520 SF

Asset Type

Single Family Residence

Closing

May 11, 2020

AI

A single-family residence located at 280 S Coconut Ln in Miami Beach has been sold. The property, which encompasses 7,452 square feet, was sold for a price of $4,900,000, equating to a price per square foot of $657. The sale took place on 05/12/2020.

Summary of transaction details:

  • Property Type: SFR
  • Transaction Amount: $4,900,000
  • Square Footage: 7,452
  • Price per Square Foot: $657
  • Buyer: Darko Dejanovic
  • Seller: Michael Sydney Lipscomb

Darko Dejanovic acted as the buyer in this transaction, while Michael Sydney Lipscomb served as the seller.

Players

Darko Dejanovic

Buyer

$12.7M

vol

2 deals

Buyer

Miami Beach Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

3.24%

Cash-on-Cash

-0.93%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93