Updated Dec 23, 2025
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
About this deal
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