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

DateEventPriceChange RatePrice Per
10/21/2024Listed$3,500,000.00$324.80 ft2/$3,496.07 m2

Contact Information

Tracey Schmitt
Real Estate Advisor
Specialties:
Luxury Oceanfront Communities, Waterfront Single Family Homes
Memberships:
Master Brokers, Luxury Real Estate Marketing, Million Dollar Guild
Contact Advisor
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