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

Sep.September 15, 2018 01:00 PM

DR Horton house at Ventanas Del Sol development in Homestead

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

Related Articles

1075 Southeast Sixth Avenue and Arnaldo Bomnin (Credit: Google Maps)

Auto magnate sells a Homestead dealership for $19M

NextEra Energy CEO James Robo and the property off the Florida Turnpike at Southwest 261st Street (Credit: Facebook and Google Maps)

FPL buys 109 acres near Homestead for natural gas facility

Donald Horton, chairman of D.R. Horton

Homebuilder DR Horton pays $12M for 25 acres in Florida City

Construction of downtown Hollywood high-rise may start soon

Jeffrey Epstein commits suicide by hanging himself in his Manhattan jail cell

Stuart Miller and Southwest 152nd Avenue in Homestead

Lennar picks up land assemblage in Homestead

Miami developer Dan Kodsi plans large St. Petersburg project that could cost $2B

South Florida firm buys Sunrise apartment complex for $20.2M