facebook
Traded Co logo
Submit

Darko Dejanovic Acquires SFR In Miami Beach For $4.9M

Property Image
SOLD
$4,900,000

Florida

See Similar Deals
Single Family Residence74,520 SF
Sold 05/12/2020
the dealplayerscompscontact
Property Image
SOLD

Darko Dejanovic Acquires SFR In Miami Beach For $4.9M

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

See Similar Deals
Single Family Residence74,520 SF
Sold 05/12/2020
the dealplayerscompscontact
Contact now

Summary

FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$65
Total Square Footage:74,520 SF
Transaction Type:Sale

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

DD
Darko Dejanovic
2 deals$12.7M volume
BUYER

Details

SOLD
IMAGE: this post on Instagram SALE IMAGE: Darko Dejanovic DATE: 05/12/2020 ADDRESS: 280 S Coconut Ln MARKET: Miami Beach ASSET TYPE: SFR PRICE: $4,900,000 SF: 7,452 PPSF: $657 BUYER: Darko Dejanovic SELLER: Michael Sydney Lipscomb

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$261,333.32

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$17,408.68
Cash-on-Cash Return-1.27%
Monthly Debt Service$23,228.50
Annual Debt Service$278,742.00