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14227-14229 South Dixie Hig...

Kirk Lazarus Acquires Retail Asset On South Dixie Highway From Ron Pascale For $1.997M
SOLDRetail

Kirk Lazarus Acquires Retail Asset On South Dixie Highway From Ron Pascale For $1.997M

14227-14229 South Dixie Highway, Miami, Fl, 33176

$1,997,000

$391/SF

Building Size

5,100 SF

Asset Type

Retail

Closing

Aug 4, 2026

AI

This retail asset located at 14227-14229 South Dixie Highway in Miami was sold for $1,997,000. The property encompasses a total area of 5,100 square feet, translating to a price per square foot of $391.

Summary of transaction details:

The transaction was facilitated by Dylan Morse and Rayza Perez, representing Ron Pascale as the seller's representatives for this retail property deal.

Players

Dylan Morse

Franklin Street

Broker

$42.6M

vol

9 deals

Broker

Kirk Lazarus

Buyer

$2M

vol

1 deal

Buyer

Ron Pascale

Seller

$2M

vol

1 deal

Seller

Miami Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

7.94%

Cash-on-Cash

-2.27%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93