$3,500,000
20462-20500 S Dixie Hwy Cutler Bay, FL 33189
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REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
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$3,500,000
Est. payment /mo
10,776 SqFt
UPDATED:
10/22/2024 05:52 PM
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 10,776 sqft
Price per Sqft $324
MLS Listing ID A11680034
HOA Y/N No
Year Built 1964
Lot Size 0.597 Acres
Property Description
Prime investment opportunity! This fully-leased property at 20462-20500 S Dixie Hwy in Cutler Bay features two buildings: an 8,584 sq. ft. retail strip and a 2,192 sq. ft. freestanding restaurant, situated on a 26,004 sq. ft. lot.
Located on the high-traffic US-1, directly across from Southland Mall, this property generates an NOI of $210,000 annually. With excellent value-add and redevelopment potential, this property ideal for investors looking to enhance income streams or explore future development opportunities in a thriving commercial corridor.
Located on the high-traffic US-1, directly across from Southland Mall, this property generates an NOI of $210,000 annually. With excellent value-add and redevelopment potential, this property ideal for investors looking to enhance income streams or explore future development opportunities in a thriving commercial corridor.
Location
State FL
County Miami-dade
Area 60
Others
Tax ID 36-60-07-000-0051
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Listed by APEX Capital Realty LLC
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Milton Knight, CRS
Principal Real Estate Broker | License ID: 0663675
Principal Real Estate Broker License ID: 0663675