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Eddie Jackson Acquires Single Family Residence From James Butler In Davie For $2.5M

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SOLD
$2,500,000

Florida

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Single Family Residence5,929 SF
Sold 12/02/2024
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Property Image
SOLD

Eddie Jackson Acquires Single Family Residence From James Butler In Davie For $2.5M

3151 East Stonebrook Circle

See Similar Deals
Single Family Residence5,929 SF
Sold 12/02/2024
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Summary

FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$421
Total Square Footage:5,929 SF
Transaction Type:Sale

This sale involved a Single Family Residence located at 3151 East Stonebrook Circle in Davie. The property was sold for $2,500,000.00 and spans 5,929 square feet.

Summary of transaction details:

  • Property Type: Single Family Residence
  • Transaction Amount: $2,500,000.00
  • Address: 3151 East Stonebrook Circle
  • Market: Davie
  • Seller: James Butler
  • Buyer: Eddie Jackson
  • Seller's Representative: Shane Frankovic (One Sotheby’s International Realty)
  • Square Footage: 5,929
  • Notable Aspects: Sold in Just 7 Days

The property was represented in the transaction by Shane Frankovic from One Sotheby’s International Realty, acting on behalf of the seller, James Butler. The buyer of the residence was Eddie Jackson, completing the sale in a notably short duration, reflecting the demand for properties in this area.

Players

Shane Frankovic
1 deal$2.5M volume(305) 978-8650
BROKER

Details

SOLD
IMAGE: Shane Frankovic DATE: 12/02/2024 ADDRESS: 3151 East Stonebrook Circle MARKET: Davie ASSET TYPE: Single Family BUYER: Eddie Jackson SELLER: James Butler BROKER: Shane Frankovic - One Sotheby’s International Realty (@Onesir) SALE PRICE: $2,500,000 SF: 5,929 ~ PPSF: $421 NOTE FROM BROKER: Sold in Just 7 Days! This stunning waterfront home in the prestigious Stonebrook Estates, Davie, FL, features 5 bedrooms, 6 bathrooms, a remodeled pool area, and breathtaking lake views—offering resort-like luxury living!

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$133,333.32

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$8,881.99
Cash-on-Cash Return-1.27%
Monthly Debt Service$11,851.28
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