Rodrigo Pintos Of Pintos Residential Purchases Development Site In Biscayne Park For $1,062,000
950 Northeast 113th Street
$1,062,000
$87/SF
Building Size
12,168 SF
Asset Type
Development Site
Closing
May 28, 2026
AI
The development site located at 950 Northeast 113th Street in the Biscayne Park market has recently sold for $1,062,000. The site spans 12,168 square feet, translating to a price per square foot of $87.
Summary of transaction details:
- Property Type: Development Site
- Transaction Amount: $1,062,000
- Sale Date: 05/29/2026
- Buyer: Rodrigo Pintos - Pintos Residential
Rodrigo Pintos represented Pintos Residential in this transaction, facilitating the purchase of the development site. The details surrounding the buyer's intentions or future plans for the property have not been disclosed.
Players
Biscayne Park Development Site Market Snapshot
Boundary boundary · Development Site · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
14.94%
Cash-on-Cash
-4.27%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93