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8205 Southwest 136th Street

Marco Bastidas Acquires Package Deal In Pinecrest For $4.1 Million With Buyer’s Rep Filippo Incorvaia
SOLDPackage Deal

Marco Bastidas Acquires Package Deal In Pinecrest For $4.1 Million With Buyer’s Rep Filippo Incorvaia

8205 Southwest 136th Street & 8251 Southwest 136th Street

$2,600,000

$26/SF

Building Size

97,038 SF

Asset Type

Package Deal

Closing

Sep 3, 2025

AI

A package deal was closed for two properties located at 8205 Southwest 136th Street and 8251 Southwest 136th Street in the Pinecrest market. The total sale price reached $4,100,000, encompassing 2.23 acres of land with a combined square footage of 97,038 and a price per square foot of $42. The property at 8205 Southwest 136th Street spans 1.48 acres and sold for $2,600,000, while the property at 8251 Southwest 136th Street covers 0.75 acres, selling for $1,500,000.

Summary of transaction details:

  • Property Type: Package Deal
  • Transaction Amount: $4,100,000
  • Seller: Arleen S. Donelli; Earl L Evans & Mary F Evans
  • Buyer's Representative: Filippo Incorvaia - FI Real Estate
  • Market: Pinecrest
  • Acres: 2.23
  • Square Footage: 97,038
  • Price per Square Foot: $42

This transaction highlights the efforts of listing agent Monica S. Betancourt at MBG Miami, recognizing her and her team for facilitating the deal. The properties are intended for residential development, contributing to the growing demand for land in Pinecrest.

Players

Filippo Incorvaia

FI Real Estate

Broker

$13.4M

vol

4 deals

Broker
FI Real Estate
FI Real EstateBrokerage

Pinecrest Package Deal Market Snapshot

Boundary boundary · Package Deal · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

6.10%

Cash-on-Cash

-1.74%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93