The Real Deal Miami

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
September 15, 2018 01:00PM

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