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
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