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225 Southwest 2nd Avenue

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

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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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