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30401 Southwest 137th Avenue

Daniel Abreu Purchases Development Site In Homestead From Daniel Alonso For $4 Million
SOLDDevelopment Site

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

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.

Players

Jorge Alvarino

Horizon Properties

Broker

$10.1M

vol

3 deals

Broker

Daniel Abreu

Buyer

$17.1M

vol

4 deals

Buyer

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