20462-20500 S Dixie Hwy Cutler Bay, FL 33189
FOR SALE - Active
$3,500,000
Overview
- Status: Active
- Bed(s) No info
- Bath(s)
- Half Bath(s) 0
- Parking No info
- Size: 10,776 ft2/1,001.12 m2
- Price Per: $324.80 ft2/$3,496.07 m2
- Type: Commercial/Investment
- Built: 1964
- HOA: No info
- MLS Number: A11680034
- View No info
- On Site: 26 days
- Updated: Listing Refreshed: 25 Days Ago
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.
Price History
Date | Event | Price | Change Rate | Price Per |
---|---|---|---|---|
10/21/2024 | Listed | $3,500,000.00 | $324.80 ft2/$3,496.07 m2 |
Contact Information
Tracey Schmitt
Real Estate Advisor
Office: (305) 407-1657
Specialties:
Luxury Oceanfront Communities, Waterfront Single Family Homes
Memberships:
Master Brokers, Luxury Real Estate Marketing, Million Dollar Guild