Pillar Investment Group LLC Acquires Retail Property In Homestead From Patrick Navarra For $2.4M
27330 South Dixie Highway
$2,400,000
$263/SF
Building Size
9,118 SF
Asset Type
Retail
Closing
Feb 19, 2026
AI
Pillar Investment Group LLC acquired a 9,118-square-foot retail property at Homestead’s 27330 South Dixie Highway for $2.4 million. The asset spans 0.56 acres and is a freestanding single-story retail facility, with a price per square foot of approximately $263.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $2,400,000
- Address: 27330 South Dixie Highway
- Market: Homestead
- Square Footage: 9,118
- Price per Square Foot: $263
- Seller: Patrick Navarra
- Buyer: Pillar Investment Group LLC
- Broker: Vladimir Golik - Keller Williams Realty Premier Properties
- Seller-Carried Financing: $1.2 million, due in 2033
Vladimir Golik of Keller Williams Realty Premier Properties represented Pillar Investment Group LLC in this transaction. The deal highlights the involvement of both a dedicated buyer and seller in the commercial real estate market.
Players
Homestead 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
6.61%
Cash-on-Cash
-1.89%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93