Updated Jan 22, 2026
Daniel Abreu Purchases Development Site In Homestead From Daniel Alonso For $4 Million
30401 Southwest 137th Avenue
$4,000,000
Building Size
—
Asset Type
Development Site
Closing
Jan 14, 2026
About this deal
AI
The property asset involved in this transaction is a development site located at 30401 Southwest 137th Avenue in the Homestead market. The sale price was $4,000,000 for a land area of 196,020 square feet, equating to a price per square foot of $20.4.
Summary of transaction details:
- Property Type: Development Site
- Transaction Amount: $4,000,000
- Land Square Footage: 196,020
- Price Per Land Square Foot: $20.4
- Buyer: Daniel Abreu
- Seller: Daniel Alonso
- Broker: Jorge Alvarino - Horizon Properties
The key individuals involved in this deal are Daniel Abreu, who acted as the buyer, and Daniel Alonso, who was the seller of the property. Jorge Alvarino from Horizon Properties represented the broker in this transaction.
On the Map
$4,000,000
Development Site
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Players
Princeton Development Site Market Snapshot
Boundary boundary · Development Site · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.97%
Cash-on-Cash
-1.13%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93