22825 S Dixie Hwy - Freestanding FOR SALE


Miami, FL 33170- Goulds
$12,900,000 USD
305-342-7442
22825 S Dixie Hwy, Miami, FL for Sale
$12,900,000 USD
Freestanding - FOR SALE
1/39
null | Request Cap Rate

22825 S Dixie Hwy
Miami, FL 33170
Goulds


HIGHLIGHTS

  • BU-3 Zoning
  • Live Local Act possibility, must be confirmed with Miami Dade County
  • Neighborhood Shopping Centers
  • Wholesale Facilities
  • Strip and Spot Commercial

OVERVIEW

Incredible covered land or redevelopment opportunity on So Dixie Hwy, between Cutler Bay and Homestead, on SW 124 Avenue. This 2+ acre BU-3 zoned site is currently leased to small car dealers.BU-3 zoning, while excluding office use, does allow Wholesale Facilities, Spot commercial, Strip commercial, and neighborhood shopping centers. This liberal commercial zoning allows for the possibility of applying the Live Local Act, which would facilitate residential use as part of the redevelopment. The Florida Live Local Act aims to address the state's affordable housing crisis by providing various incentives and opportunities for developers to create workforce housing. It offers funding, land-use flexibility, and tax benefits to encourage the construction of affordable rental housing units.

FOR SALE DETAILS

PRICE

$12,900,000 USD

PRICE/SF

$8,990 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Redevelopment Opportunity

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Auto Dealership, Storefront, Distribution

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1957

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.5 AC

LAND SF

108,900 SF

ZONING

BU-3

APN/PARCEL ID

30-6913-011-0480,30-6913-011-0490,30-6913-011-0500,30-6913-011-2510,30-6913-011-2520,30-6913-011-2530

ASK ABOUT THIS PROPERTY

Rosy CancelaColdwell Banker Real Estate & MortgageMore Info
305-342-7442

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Rosy CancelaColdwell Banker Real Estate & MortgageMore Info
305-342-7442

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.