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225 Southwest 2nd Avenue

Updated Dec 23, 2025

Dana Demaria Acquires Industrial Property In Homestead From Osvaldo Vento For $11 Million
SOLDIndustrial

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:

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

Miguelangel Salazar-Pesce

East Coast Properties & Commercial Real Estate

Broker

$76.1M

vol

11 deals

Broker

Homestead Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

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Deal FAQ

About $206 per square foot on a published $11M for 53,280 square feet (2025).

Visit Manny Chamizo III to view all their deals.

Browse Homestead industrial sales on Traded.

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

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