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Fleurgin Rochelin Of Rochelin & Rochelin Properties Inc Acquires Retail Property In Miami For $1.41M

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SOLD
$1,407,500

Florida

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Retail4,080 SF
Sold 03/04/2025
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Property Image
SOLD

Fleurgin Rochelin Of Rochelin & Rochelin Properties Inc Acquires Retail Property In Miami For $1.41M

13639 West Dixie Highway

See Similar Deals
Retail4,080 SF
Sold 03/04/2025
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Summary

FLORIDA
Asset Type:Retail
Price Per Square Foot:$345
Total Square Footage:4,080 SF
Transaction Type:Sale

A retail property located at 13639 West Dixie Highway in Miami was sold for $1,407,500. The property spans 4,080 square feet and encompasses 0.32 acres. The price per square foot amounted to $345.

Summary of transaction details:

The acquisition was made by Fleurgin Rochelin through ROCHELIN AND ROCHELIN PROPERTIES INC from Firas Hussain representing 13635 DIXIE LLC. This transaction was facilitated by brokers Adriano Salucci and Yoni Sunshine from APEX Capital Realty.

Players

Adriano Salucci
29 deals$121.6M volume(305) 340-3584
BROKER

Yoni Sunshine
APEX Capital Realty
15 deals$38.9M volume(216) 973-9534
BROKER

United Community Bank
LENDER

Details

SOLD
IMAGE: Yoni Sunshine & Adriano Salucci DATE: 03/04/2025 ADDRESS: 13639 West Dixie Highway MARKET: Miami ASSET TYPE: Retail ~ ACRES: 0.32 BUYER: Fleurgin Rochelin - Rochelin & Rochelin Properties, Inc SELLER: Firas Hussain - 13635 Dixie LLC BROKERS: Adriano Salucci (@S_bolognese) & Yoni Sunshine (@YoniSunshine) - APEX Capital Realty (@APEXCapitalRealty) LENDER: United Community Bank SALE PRICE: $1,407,500 SF: 4,080 ~ PPSF: $345 NOTE: Fleurgin Rochelin’s ROCHELIN AND ROCHELIN PROPERTIES INC acquired a 4,080 SF retail property at 13639 W Dixie Hwy for $1,407,500 from 13635 DIXIE LLC. The deal, brokered by Adriano Salucci and Yoni Sunshine of APEX Capital Realty, was partially financed with a $703,750 loan from United Community Bank.

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$75,066.67

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$5,000.54
Cash-on-Cash Return-1.27%
Monthly Debt Service$6,672.27
Annual Debt Service$80,067.22