Michael And Alexandra Pineiro Purchase Single Family Home In Pinecrest From Eliot Pedrosa For $4.58M
10900 Southwest 61st Court
$4,580,000
$776/SF
Building Size
5,897 SF
Asset Type
Single Family Residence
Closing
Nov 2, 2025
AI
The property involved in this transaction is a single-family home located at 10900 Southwest 61st Court in the Pinecrest market. It features a size of 5,897 square feet and was sold for a price of $4,580,000, which reflects a price per square foot (PPSF) of $776.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $4,580,000
- Square Footage: 5,897
- Address: 10900 Southwest 61st Court
- Market: Pinecrest
- Buyer: Michael Pineiro & Alexandra Pineiro
- Seller: Eliot Pedrosa
- Brokers: Jose Nicolas, Cristina Formosa & Carole Smith - Compass
Key individuals in this transaction include buyers Michael Pineiro and Alexandra Pineiro, and seller Eliot Pedrosa. The brokers representing the involved parties in this real estate deal are Jose Nicolas, Cristina Formosa, and Carole Smith from Compass.
Players
Miami Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.46%
Cash-on-Cash
-0.99%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93