A development site located at 802 East 25th Street in Hialeah has been sold for a total price of $8,000,000. The property, owned by 4th Avenue Developer LLC and sold by Daniel Abreu, offers a total of 58,362 square feet of buildable space. With a price per buildable square foot of $137, this transaction represents a significant opportunity for the buyer to develop the site.

Summary of transaction details

• Property Type: Development site
• Transaction Amount: $8,000,000
• Address: 802 East 25th Street
• Market: Hialeah
• Buyer: Nisa Navarro LLC - Isabella & Nicolas Mattos
• Seller: 4th Avenue Developer LLC - Daniel Abreu
• Total Buildable Square Footage: 58,362
• Price per Buildable Square Foot: $137

Nisa Navarro LLC, represented by Isabella & Nicolas Mattos, acquired the property from 4th Avenue Developer LLC, represented by Daniel Abreu. This transaction represents a significant development opportunity in Hialeah and highlights the strategic thinking of the buyer in securing a valuable asset in a growing market.