Shadi Shomar & Gonzalo De Ramon Acquire Development Site In Homestead For $4.3M

The Development Site located at 16300 Southwest 296th Street in Homestead was recently sold for $4,300,000. The property spans 150,201 square feet with a price per square foot of $29. The building size factor is 185,000 with a price per building size factor of $23.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $4,300,000
• Buyer: Shadi Shomar & Gonzalo De Ramon - Onyx Housing Group
• Seller: Jeffrey Jay & Ana Maria Butt
• Brokers: Alejandro Snyder & Michael B. Williams - Current Real Estate Advisors ; Lisa Gonzalez - KW Commercial
• Market: Homestead
• Address: 16300 Southwest 296th Street

The deal was facilitated by Alejandro Snyder and Michael B. Williams from Current Real Estate Advisors, along with Lisa Gonzalez from KW Commercial. The buyers, Shadi Shomar and Gonzalo De Ramon, represented by Onyx Housing Group, acquired the property from the sellers, Jeffrey Jay and Ana Maria Butt.