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.

In-PersonVirtual Tour

Roberto Guzman

roberto@lifestyleintrealty.com +1(305) 467-5520

$ 2,100,000

Est. payment | -/mo

7,742 SqFt

Save Virtual Tour

$ 2,100,000

Est. payment | -/mo

Save Virtual Tour

7,742 SqFt

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Square Footage 7,742 sqft

Price per Sqft $271

MLS Listing ID A11897492

HOA Y/N No

Year Built 1956

Annual Tax Amount $13,687

Tax Year 2024

Lot Size 7,742 Sqft

Property Sub-Type Retail

Property Description

Stabilized 7-Unit Retail Investment | 6.66% Cap | Value-Add Offered at $2,000,000, this fully leased neighborhood retail center sits on a high-visibility corner at 12985 W Dixie Hwy in North Miami. The 7,742 SF building offers strong frontage, parking, and steady traffic exposure. The property generates $146,936 gross income with an estimated $133,249 NOI, reflecting a 6.66% cap rate. All seven units are leased to established tenants on 2–3 year terms, providing stable cash flow with near-term upside. Several rents are below market, offering repositioning potential, and one underperforming unit presents additional value-add opportunity. Built in 1956, zoned 6600, and surrounded by ongoing development. Detailed rent roll and financials available with NDA.

Location

State FL

County Miami-dade

Area 22

Zoning 6600

Interior

Cooling Central Air

Window Features Impact Glass

Exterior

Private Pool Yes

Building

Story 1

Sewer Public Sewer

Water Public

Level or Stories One

Others

Tax ID 06-22-30-006-0550

Acceptable Financing Cash

Listing Terms Cash

Virtual Tour https://www.propertypanorama.com/instaview/mia/A11897492

Miami Association of Realtors (SEFMIAMI MLS)

Listed by Fortune Christie's Intl R.E.

NEARBY SCHOOL & BUSINESS

MORTGAGE CALCULATOR

Use our home loan calculator to estimate your total mortgage payment, including taxes and insurance. Simply enter the price of the home, your down payment, and details about the home loan, to calculate your mortgage payment, schedule, and more.

Payment

Schedule

Your mortgage payments over 30 years will add up to $0.

Get more info from a local expert!

+1(305) 467-5520

roberto@lifestyleintrealty.com

20200 W Dixie Hwy Suite 609, Aventura, FL 33180, USA

GET MORE INFORMATION

QUICK SEARCH

There are 30 quick searches

12985 W Dixie Hwy North Miami, FL 33161