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
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
3.24%
Cash-on-Cash
-0.93%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93