Puntas parcel in Rincón changes hands in a sale to a real estate holding company
A property at Puntas, Rincón, 00677 has sold for $4,800,000 to Maxim Real Estate Holdings LLC, according to property records analysed by RED Atlas. The deed was recorded on May 6, 2026.
The instrument is a sale deed. That is the contract by which a seller undertakes to transfer ownership of a property to a buyer, who undertakes to pay a set price.
The parcel and its buyer
The Puerto Rico Land Use Plan classifies the parcel as urban land. That class covers land served by roads, water, electricity and other infrastructure in areas already consolidated by building, though the class alone does not make a lot buildable. The parcel sits in the A.g zoning district.
The buyer appears on 6 other deeds recorded in the past 24 months. The most recent of them were all recorded in Rincón on the same day as this sale: a mortgage and two further sales, mortgage, $2,800,000, recorded May 6, 2026, in Rincón; sale, $1,000,000, recorded May 6, 2026, in Rincón; sale, $200,000, recorded May 6, 2026, in Rincón.
A mortgage is a security right over real estate. The property stays in the hands of the debtor or a third party, and the right guarantees an obligation.
Sales in Puntas and across Rincón
Buyers and sellers recorded 34 sale deeds in the Puntas neighbourhood over the past 12 months, fewer than the 40 of the 12 months before that. Deeds from the latest months are still being recorded, so the newer count can still grow.
The median price on the neighbourhood's deeds over the past 12 months was $399,500. That is more than the $275,003 median of the 12 months before that, which suggests fewer recorded sales at higher prices in Puntas.
The whole municipality of Rincón shows a similar pattern against its own earlier year. It had 197 sale deeds recorded over the past 12 months, fewer than the 246 of the 12 months before that, with the same caveat that recent months are still being recorded.
Across the municipality, the median recorded sale price over the past 12 months was $275,000, more than the $237,500 of the 12 months before that. The municipal figures point to a quieter year for sale filings, with a higher median on the deeds that were recorded.
A longer measure of closed residential deals leaves out the newest 12 months while deeds are still being registered. It counts recorded sale deeds only and excludes deeds typed as commercial land or parking. On that basis, the median price paid for residential property in Rincón is $180,000 (October 2025).
The same measure counted 16 (October 2025) residential sales in Rincón in the latest available deed month.
Sellers listing residential property for sale in Rincón ask a median of $850,000 (September 2026). That is an asking price, the figure a seller wants, and it is not drawn from recorded deeds.