facebook
Traded Co logo
Submit

Gustavo Lovato Purchases Industrial Asset At 220 South Flagler Avenue For $1 Million

Property Image
SOLD
$1,000,000
George Reyes
Felipe Serrano

Florida

See Similar Deals
Industrial3,000 SF
Sold 11/26/2025
the dealplayerscompscontact
Property Image
SOLD

Gustavo Lovato Purchases Industrial Asset At 220 South Flagler Avenue For $1 Million

220 South Flagler Avenue

See Similar Deals
Industrial3,000 SF
Sold 11/26/2025
George Reyes
Felipe Serrano
the dealplayerscompscontact
Contact now

Summary

FLORIDA
Asset Type:Industrial
Price Per Square Foot:$333
Total Square Footage:3,000 SF
Transaction Type:Sale

The property asset involved in this transaction is an industrial space located at 220 South Flagler Avenue in Homestead. The sale price was $1,000,000, with a total area of 3,000 square feet, resulting in a price per square foot of $333.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $1,000,000
  • Sale Date: 11/26/2025
  • Buyer: Gustavo Lovato
  • Seller: Donald Groh
  • Buyer’s Representative: George Reyes CCIM - The Keyes Company
  • Seller’s Representative: Felipe Serrano - BRS Real Estate Company

This off-market opportunity was secured and placed under contract within 24 hours, highlighting the effectiveness of leveraging deep relationships with experienced local commercial brokers. These professionals are adept at uncovering deals before they hit the market and guiding clients through every step of the transaction to a successful closing.

Players

George Reyes
The Keyes Company
George Reyes
4 deals$9.5M volume(305) 986-4747
BROKER
Felipe Serrano
Felipe Serrano
3 deals$3.5M volume(305) 794-7107
BROKER

Details

SOLD
IMAGE: Felipe Serrano & George Reyes DATE: 11/26/2025 ADDRESS: 220 South Flagler Avenue MARKET: Homestead ASSET TYPE: Industrial BUYER: Gustavo Lovato SELLER: Donald Groh BUYER'S REP: George Reyes CCIM (@GeorgeReyesCCIM) - The Keyes Company (@Keyes_Homestead) SELLER'S REP: Felipe Serrano (@Flipmod313) - BRS Real Estate Company SALE PRICE: $1,000,000 SF: 3,000 ~ PPSF: $333 NOTE FROM SELLER'S REP: This off market opportunity was secured and placed under contract within 24 hours by leveraging deep relationships with experience, local commercial brokers we uncover deals before they hit the market and guide our clients seamlessly through every step of the transaction, all the way to a successful closing.

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$53,333.33

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$3,552.80
Cash-on-Cash Return-1.27%
Monthly Debt Service$4,740.51
Annual Debt Service$56,886.12