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11855 Southwest 60th Avenue
SOLD

Joshua Kaufman Acquires Pinecrest Estate For Village In Record Sale At $13.9M

11855 Southwest 60th Avenue

Single Family
8,343 SF
clock iconSold 139 days ago
Joshua Kaufman
Diana Gutierrez
Jorge Mas Jr.
the dealplayerscompscontact
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Summary

Sale
FLORIDA
Single Family
8,343 sqft

The 5-acre Single Family property located at 11855 Southwest 60th Avenue in Pinecrest was sold for a record $13.9 million. The property spans 8,343 square feet with a price per square foot of $1,666. The sellers, Jorge Mas and Aleyda Mas, handed over the estate to the village of Pinecrest, intending for it to be transformed into a park and an indoor facility project. The Mas family contributed an additional $3.9 million towards naming rights in honor of Aleyda Mas.

Summary of transation details:

  • Property Type: Single Family
  • Transaction Amount: $13,900,000
  • Address: 11855 Southwest 60th Avenue
  • Market: Pinecrest
  • Acres: 5
  • SF: 8,343
  • PPSF: $1,666
  • Seller: Jorge Mas & Aleyda Mas
  • Buyer's Rep: Joshua Kaufman - Compass
  • Seller's Rep: Diana Gutierrez & Jorge Mas Jr. - Mocca Realty

The deal was brokered by Joshua Kaufman from Compass, representing the buyers, and Diana Gutierrez along with Jorge Mas Jr. from Mocca Realty, representing the sellers. The involvement of billionaire Jorge Mas and his wife, Aleyda Mas, adds a personal touch to the transaction, especially with the generous donation towards naming rights for the future park and indoor facility.

Players

  • All

    5

  • Agents

    3

  • Agencies

    2

Joshua Kaufman's profile picture
Joshua Kaufman
Compass-image
Director, Acquisitions
$13.9M Sold
Diana Gutierrez's profile picture
Jorge Mas Jr.'s profile picture
$13.9M Sold

Details

Deal Summary
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SOLD
IMAGE: Aleyda Mas, Jorge Mas & Joshua KaufmanMas Jr. DATE: 01/24/2024 ADDRESS: 11855 Southwest 60th Avenue MARKET: Pinecrest ASSET TYPE: Single Family ~ ACRES: 5 SELLER: Jorge Mas & Aleyda Mas BUYER'S REP: Joshua Kaufman (@301In212) - Compass (@Compass) SELLER'S REP: Diana Gutierrez (@DianaPuenteGutierrez) & Jorge Mas Jr. - Mocca Realty (@MoccaRealtyMiami) SALE PRICE: $13,900,000 SF: 8,343 ~ PPSF: $1,666 NOTE: Billionaire Jorge Mas and his wife sold their Pinecrest estate for a record $13.9 million to the village of Pinecrest, which plans to convert the 5-acre property into a park and indoor facility, with Mas donating $3.9 million for naming rights in honor of his wife, Aleyda Mas.

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Address11855 Southwest 60th Avenue

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