Joe Shany Acquires Retail Property From Gali Pinhasi For $3,265,700 In Miami
1200 South Dixie Highway & 1228 South Dixie Highway
$3,265,700
$187/SF
Building Size
8,424 SF
Asset Type
Retail
Closing
Oct 22, 2026
About this deal
AI
The asset involved in this transaction is a retail property located at 1200 South Dixie Highway & 1228 South Dixie Highway in the Miami and Hollywood market. The sale price for this property was $3,265,700, and it encompasses a total square footage of 17,432, resulting in a price per square foot of $187.
Summary of transation details:
- Property Type: Retail
- Transaction Amount: $3,265,700
- Square Footage: 17,432
- Price Per Square Foot: $187
- Buyer: Joe Shany
- Seller: Gali Pinhasi
- Brokers: Elior Levi & Adam Hauptman - Fausto Commercial Realty Consultants
- Date of Transaction: 10/22/2026
The individuals involved in this transaction include buyer Joe Shany and seller Gali Pinhasi, with brokerage representation provided by Elior Levi and Adam Hauptman from Fausto Commercial Realty Consultants, who facilitated the deal.
On the Map
$3,265,700
$187/SF
Retail
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Players
Hollywood Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.86%
Cash-on-Cash
-1.39%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93