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Guido Barbagallo Purchases Retail Site From Neil Rollnick In Coconut Grove For $10.65M

Property Image
SOLD
$10,650,000

Florida

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Retail44,937 SF
Sold 09/19/2025
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Property Image
SOLD

Guido Barbagallo Purchases Retail Site From Neil Rollnick In Coconut Grove For $10.65M

2801 Southwest 27th Avenue

See Similar Deals
Retail44,937 SF
Sold 09/19/2025
the dealplayerscompscontact
Contact now

Summary

FLORIDA
Asset Type:Retail
Price Per Square Foot:$237
Total Square Footage:44,937 SF
Transaction Type:Sale

The transaction involved a 1-acre retail development site located at 2801 Southwest 27th Avenue in Miami. The sale price was recorded at $10,650,000. The property is currently occupied by a Burger King, with the lease set to expire in the coming years, and is zoned T5. The buyer intends to redevelop the site, contributing to the revitalization of the Coconut Grove area.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $10,650,000
  • Address: 2801 Southwest 27th Avenue
  • Market: Miami
  • Lot Size: 1 Acre
  • Buyer: Guido Barbagallo
  • Seller: Neil Rollnick
  • Broker: Virgilio Fernandez - Colliers

Virgilio Fernandez, the Vice President at Colliers International, facilitated the deal as the broker representing the seller. This transaction was characterized as an all-cash deal, ensuring a seamless process for the seller while simultaneously positioning the buyer for a strategic redevelopment opportunity in one of Miami's thriving neighborhoods.

Players

Virgilio Fernandez
Cushman & Wakefield
Virgilio Fernandez
42 deals$222.9M volume(305) 613-4507
BROKER
Colliers
Colliers
BROKERAGE

Details

SOLD
IMAGE: Virgilio Fernandez DATE: 09/19/2025 ADDRESS: 2801 Southwest 27th Avenue MARKET: Miami ASSET TYPE: Retail BUYER: Guido Barbagallo SELLER: Neil Rollnick BROKER: Virgilio Fernandez (@Vboundless) - Colliers (@ColliersInternational) SALE PRICE: $10,650,000 LOT SIZE: 1 ACRE NOTE FROM BROKER: Virgilio Fernandez, Vice President at Colliers International, is pleased to announce the sale of a 1-acre development site in Coconut Grove zoned T5 and currently occupied by Burger King, whose lease expires in the coming years. The buyer plans to redevelop the property, further contributing to the Grove’s ongoing investment momentum. By sourcing and delivering this off-market opportunity, Virgilio was able to create value for both parties — securing a smooth, all-cash transaction for the Seller while positioning the buyer for a prime redevelopment play in one of Miami’s most dynamic neighborhoods.

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Debt Service Coverage Ratio (DSCR)

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