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4160 Lybyer Avenue

David Moyal Acquires Development Site In Miami From Dean Mancini For $3.2M
SOLDDevelopment Site

David Moyal Acquires Development Site In Miami From Dean Mancini For $3.2M

4160 Lybyer Avenue

$3,200,000

$190/SF

Building Size

16,766 SF

Asset Type

Development Site

Closing

Feb 25, 2026

AI

The property asset involved in this transaction is a development site located at 4160 Lybyer Avenue in Miami. The sale price for the asset was $3,200,000, with a building square footage of 8,000, resulting in a price per building square foot of $400. The total square footage is 16,766, which equates to a price per square foot of $190.

Summary of transaction details:

  • Property Type: Development Site
  • Transaction Amount: $3,200,000
  • Address: 4160 Lybyer Avenue
  • Market: Miami
  • Building Square Feet: 8,000
  • Price per Building Square Foot: $400
  • Total Square Feet: 16,766
  • Price per Square Foot: $190
  • Buyer: David Moyal
  • Seller: Dean Mancini
  • Buyer's Representative: David Moyal - Moyal Real Estate
  • Seller's Representative: Jennifer Price - Berkshire Hathaway EWM Realty

David Moyal and Dean Mancini were the key individuals involved in this transaction, with David Moyal representing himself through Moyal Real Estate, and Jennifer Price representing the seller through Berkshire Hathaway EWM Realty. Note that Moyal Development is actively seeking additional lots in Coconut Grove, Coral Gables, South Miami, and Pinecrest for future luxury townhome and single-family developments.

Players

Jennifer Price

Legacy Real Estate Ventures, LLC

Broker

$9.1M

vol

2 deals

Broker

Miami 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

4.96%

Cash-on-Cash

-1.42%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93