20462-20500 S Dixie Hwy - Storefront Retail/Residential FOR SALE
Cutler Bay, FL 33189 |
$3,500,000 USD
305-570-2600
20462-20500 S Dixie Hwy
Cutler Bay, FL 33189
HIGHLIGHTS
- Fully-Leased Asset: The property is 100% leased, providing a stable and immediate income stream with short-term leases offering flexibility for future
- Prime Location: Strategically positioned on US-1 (S Dixie Hwy), one of Miami-Dade County’s most trafficked corridors, the site benefits from excellent
- Surrounding Synergies: Located directly across from Southplace City Center, the redevelopment of Southland Mall into a vibrant mixed-used
- Future Growth Potential: Enhanced by direct proximity to South Dade TransitWay, Miami-Dade County’s first-ever Bus Rapid Transit (BRT) project
- Value-Add Opportunity: Short-term leases and the property’s zoning allow for future rent increases, tenant upgrades, or a complete redevelopment
FOR SALE DETAILS
PRICE
$3,500,000 USD
PRICE/SF
$325 USD /SF
CAP RATE
6%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Fully Leased Retail Strip & Restaurant
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Storefront Retail/Residential
ADD'L SUBTYPES
Restaurant
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1964
SPRINKLERS
-
PARKING SPACES
12
LAND DETAILS
LAND ACRES
0.31 AC
LAND SF
13,504 SF
ZONING
TC
APN/PARCEL ID
36-6007-000-0051
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305-570-2600
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305-570-2600
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