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:
- Property Type: Retail
- Transaction Amount: $1,997,000
- Square Footage: 5,100
- Price per Square Foot: $391
- Buyer: Kirk Lazarus
- Seller: Ron Pascale
- Seller's Representative: Dylan Morse & Rayza Perez - Franklin Street
- Date of Transaction: 08/04/2026
The transaction was facilitated by Dylan Morse and Rayza Perez, representing Ron Pascale as the seller's representatives for this retail property deal.
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
7.94%
Cash-on-Cash
-2.27%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93