Roland DiGasbarro Purchases Retail Property From Concepcion Garcia In Miami For $1,350,000
2224 Southwest 22nd Street
$1,350,000
$642/SF
Building Size
2,100 SF
Asset Type
Retail
Closing
Jul 6, 2026
AI
The property asset involved in this transaction is a retail space located at 2224 Southwest 22nd Street in Miami, featuring a size of 2,100 square feet. The property was sold for $1,350,000, resulting in a price per square foot of $642.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $1,350,000
- Buyer: Roland DiGasbarro
- Seller: Concepcion Garcia
- Broker: Ashleen Cruz - Fausto Commercial Realty Consultants
The key individuals in this transaction include Roland DiGasbarro as the buyer and Concepcion Garcia as the seller. The involvement of Ashleen Cruz from Fausto Commercial Realty Consultants indicates the professional representation in the deal, facilitating the transaction between the two parties.
Players
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
11.75%
Cash-on-Cash
-3.36%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93