William Gutierrez Sells 2.24 Acre Development Site In Homestead For $1.4M With Michael And Mario Fernandez

This transaction involved a development site located at 12495 Southwest 240th Street in Homestead, sold for $1,400,000. The property spans 3,424 square feet and offers significant potential as a blank canvas in a rapidly growing market. The site encompasses 2.24 acres, which is notable for a location seeing extensive new development activity.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $1,400,000
• Square Footage: 3,424
• Address: 12495 Southwest 240th Street
• Market: Homestead
• Seller: William Gutierrez
• Brokers: Michael Fernandez & Mario Fernandez - Florida Realty of Miami
• Price per Square Foot: $408

Michael Fernandez and Mario Fernandez of Florida Realty of Miami represented the seller, William Gutierrez, in this successful transaction. The brokerage has emphasized their capability in navigating the real estate market throughout Florida, particularly in securing deals involving land, retail, multifamily, or industrial assets.