David V. Auld Of D.R. Horton Acquires Development Site In Homestead For $16.885M
30338 Southwest 194th Avenue
$16,885,000
Building Size
—
Asset Type
Development Site
Closing
Jun 1, 2026
AI
The development site located at 30338 Southwest 194th Avenue in Homestead features a significant sale price of $16,885,000. This transaction marked a noteworthy event within the Miami real estate market, reflecting D.R. Horton's acquisition from seller Douglas Caraballo on June 1, 2026.
Summary of transaction details:
- Property Type: Development Site
- Transaction Amount: $16,885,000
- Buyer: David V. Auld
- Seller: Douglas Caraballo
- Date of Sale: June 1, 2026
- Market: Homestead
David V. Auld represented D.R. Horton in this transaction, while Douglas Caraballo was the seller. The completion of this deal highlights the ongoing activities within the local real estate sector.
Players
Homestead Development Site Market Snapshot
Boundary boundary · Development Site · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.94%
Cash-on-Cash
-0.27%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93