Severino Puente & Marcos Puente Acquire Homestead Development Site From David Lai For $1.28M

A development site located at 19900 West Mowry Drive in Homestead has been sold for a total price of $1,283,015. The property spans across an area of 408,592 square feet, resulting in a price per square foot of $3.14. Additionally, the site covers an impressive 9.38 acres, with a price per acre of $136,782.

Summary of transaction details

• Property Type: Development Site
• Transaction Amount: $1,283,015
• Address: 19900 West Mowry Drive, Homestead
• Market: Homestead
• Square Footage: 408,592
• Price per Square Foot: $3.14
• Acres: 9.38
• Price per Acre: $136,782

The buyers of this property are Severino Puente and Marcos Puente, while the seller is David Lai. It is noteworthy that the buyers have expressed their intention to utilize the site for cultivating a significant number of mango trees, highlighting their agricultural plans for the land.