Bomnin Automotive pays $7M for former Pinecrest Mitsubishi dealership

Building was constructed in 1999

Arnaldo Bomnin and 8525 South Dixie Highway (Google Maps)
Arnaldo Bomnin and 8525 South Dixie Highway (Google Maps)

A company affiliated with Bomnin Automotive Group paid $7.3 million for a former Mitsubishi dealership in Pinecrest.

Bomnin bought the two-story, 8,000 square-foot building at 8525 South Dixie Highway, formerly called South Miami Mitsubishi, according to records.

The building was constructed in 1999 and is down the street from Bomnin Chevrolet Dadeland. The seller was James B. Burgin Jr., records show.

Sign Up for the undefined Newsletter

Bomnin Automotive Group’s other dealerships in the Miami area include Bomnin Chevrolet West Kendall, Bomnin Cadillac Chevrolet Homestead, Bomnin Mitsubishi and Bomnin Volvo Cars Dadeland, as well as Bomnin Chevrolet Manassas in Virginia. The company is led by Arnaldo Bomnin.

Car dealerships have been a hot commodity in South Florida in the past year. Earlier this month, a boat and water sports products store paid $5.5 million for a former Fort Lauderdale car dealership.

In October, a company tied to Miami-based Lehman Autoworld bought a Honda dealership in Florida City for $16.8 million, and Pebb Enterprises sold a 23,000-square-foot Tesla dealership in West Palm Beach for $12.87 million.