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Home builder DR Horton adds to its growing presence in South Dade
The Texas-based builder bought 32 lots for singe-family homes near Homestead for $3.04 million, or $95,000 per lot
Home builder DR Horton bought vacant lots for 32 houses near Homestead, adding to its presence in south Miami-Dade County.
The Arlington, Texas-based builder paid $3.04 million for the land at the northeast corner of Southwest 308 Street and Southwest 192 Avenue in South Dade.
Garden Developers LLC, run by Sergio Guardazzi, sold the land for a price that breaks down to $95,000 per lot.
Garden Developers has finished construction of two houses in the neighborhood, which the limited liability company sold for $380,000 and $466,000.
In June, DR Horton bought a vacant 20-acre site near Florida City for $6 million.
DR Horton lists 10 residential developments on its website that are south of Southwest 184 Avenue in Miami-Dade County. [South Florida Business Journal] – Mike Seemuth