Master Construction Of South Florida, Inc Acquires Land In Miami For $4.15M From Ernesto Malaga
7110 Northwest 77th Court
$4,150,000
$58/SF
Building Size
71,311 SF
Asset Type
Land
Closing
Mar 20, 2026
About this deal
AI
The transaction involved a land asset located at 7110 Northwest 77th Court in the Miami market. The property encompasses an area of 71,311 square feet and was sold for a price of $4,150,000, resulting in a price per square foot of $58.
Summary of transaction details:
- Property Type: Land
- Transaction Amount: $4,150,000
- Address: 7110 Northwest 77th Court
- Market: Miami
- Square Footage: 71,311
- Price per Square Foot: $58
- Buyer: Master Construction of South Florida, Inc
- Seller: Ernesto Malaga
- Seller's Representative: Jorge Guerra & Antonio Cristobal - Real Estate Sales Force (RESF)
The deal showcases the involvement of Master Construction of South Florida, Inc as the buyer and Ernesto Malaga as the seller. The transaction was represented by Jorge Guerra & Antonio Cristobal from Real Estate Sales Force (RESF). A note from the seller's representatives indicates that the 1.67 Acre IOS Site was sold in Medley, suggesting a continued progression in their ongoing transactions.
On the Map
$4,150,000
$58/SF
Land
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Miami Land Market Snapshot
Boundary boundary · Land · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.82%
Cash-on-Cash
-1.09%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93