A enterprise affiliated with Bomnin Automotive Group paid $7.3 million for a former Mitsubishi dealership in Pinecrest.
Bomnin acquired the two-story, 8,000 square-foot developing at 8525 South Dixie Freeway, formerly termed South Miami Mitsubishi, according to records.
The developing was constructed in 1999 and is down the street from Bomnin Chevrolet Dadeland. The seller was James B. Burgin Jr., data present.
Bomnin Automotive Group’s other dealerships in the Miami region include Bomnin Chevrolet West Kendall, Bomnin Cadillac Chevrolet Homestead, Bomnin Mitsubishi and Bomnin Volvo Vehicles Dadeland, as properly as Bomnin Chevrolet Manassas in Virginia. The business is led by Arnaldo Bomnin.
Automobile dealerships have been a scorching commodity in South Florida in the past 12 months. Before this month, a boat and drinking water athletics merchandise retail outlet paid $5.5 million for a previous Fort Lauderdale automobile dealership.
In October, a business tied to Miami-based mostly Lehman Autoworld bought a Honda dealership in Florida Metropolis for $16.8 million, and Pebb Enterprises offered a 23,000-square-foot Tesla dealership in West Palm Seashore for $12.87 million.