Dana Demaria Acquires Industrial Property In Homestead From Osvaldo Vento For $11 Million
225 Southwest 2nd Avenue
$11,000,000
$206/SF
Building Size
53,280 SF
Asset Type
Industrial
Closing
Dec 22, 2025
AI
The industrial property located at 225 Southwest 2nd Avenue in Homestead has successfully changed hands in a transaction valued at $11,000,000. The property encompasses a total area of 53,280 square feet, equating to a price per square foot of $206.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $11,000,000
- Address: 225 Southwest 2nd Avenue
- Market: Homestead
- Square Footage: 53,280
- Price per Square Foot: $206
- Buyer: Dana Demaria
- Seller: Osvaldo Vento
- Buyer's Representative: Miguelangel Salazar-Pesce & Azael Reyes - East Coast Properties & Commercial Real Estate; Bryan Gorrita - The Canero Group
- Seller's Representative: Manny Chamizo III - One Sotheby's International Realty
This transaction involved key representations from East Coast Properties & Commercial Real Estate, who facilitated the sale for the buyer, along with Bryan Gorrita from the Canero Group, who introduced the opportunity. Manny Chamizo III represented the seller, ensuring a smooth process for both parties involved in the deal.
Players
Homestead Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.44%
Cash-on-Cash
-0.41%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93