Fleurgin Rochelin Of Rochelin & Rochelin Properties Inc Acquires Retail Property In Miami For $1.41M
13639 West Dixie Highway
$1,407,500
$345/SF
Building Size
4,080 SF
Asset Type
Retail
Closing
Mar 4, 2025
About this deal
AI
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:
- Property Type: Retail
- Transaction Amount: $1,407,500
- Buyer: Fleurgin Rochelin - Rochelin & Rochelin Properties, Inc
- Seller: Firas Hussain - 13635 Dixie LLC
- Brokers: Adriano Salucci & Yoni Sunshine - APEX Capital Realty
- Lender: United Community Bank
- Loan Amount: $703,750
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.
On the Map
$1,407,500
$345/SF
Retail
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Players
North Miami 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
11.27%
Cash-on-Cash
-3.22%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93