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Fully Leased Retail Strip & Restaurant 20462-20500 S Dixie Hwy

10,776 SF Retail Building Cutler Bay, FL 33189 £2,783,522 (£258/SF) 6% Net Initial Yield

INVESTMENT HIGHLIGHTS

  • Fully-Leased Asset: The property is 100% leased, providing a stable and immediate income stream with short-term leases offering flexibility for future
  • Surrounding Synergies: Located directly across from Southplace City Center, the redevelopment of Southland Mall into a vibrant mixed-used
  • Value-Add Opportunity: Short-term leases and the property’s zoning allow for future rent increases, tenant upgrades, or a complete redevelopment
  • Prime Location: Strategically positioned on US-1 (S Dixie Hwy), one of Miami-Dade County’s most trafficked corridors, the site benefits from excellent
  • Future Growth Potential: Enhanced by direct proximity to South Dade TransitWay, Miami-Dade County’s first-ever Bus Rapid Transit (BRT) project

EXECUTIVE SUMMARY

APEX Capital Realty is pleased to present an exceptional investment opportunity at 20462-20500 S Dixie Hwy, Cutler Bay, FL 33189. This fully-leased retail site offers immediate income stability and significant potential for future redevelopment in a thriving commercial corridor.

ATTACHMENTS

Property Brochure

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
10,776 SF
Building Class
C
Year Built
1964
Price
£2,783,522
Price Per SF
£258
Net Initial Yield
6%
NOI
£167,011
Tenancy
Single
Number of Floors
1
Building FAR
0.80
Lot Size
0.31 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning
TC - Town Center
Parking
12 Spaces (1.11 Spaces per 1,000 SF Leased)
Frontage
75 ft on South Dixie Hwy

AMENITIES

  • Pylon Sign
  • Signage
  • Drive Thru

LINKS

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20462-20500 S Dixie Hwy, Cutler Bay, FL - AERIAL map view
Walk Score®
Very Walkable (80)
Bike Score®
Very Bikeable (77)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

NEARBY MAJOR RETAILERS

Publix
Esporta Fitness
Buffalo Wild Wings
LA Fitness
Applebee's
Olive Garden
Chase ATM
Regions Bank
Crunch
Truist

PROPERTY TAXES

Parcel Number 36-6007-000-0051 Improvements Assessment £0
Land Assessment £0 Total Assessment £679,070

PROPERTY TAXES

Parcel Number
36-6007-000-0051
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£679,070
(305) 570-2600

CONTACTS

  • Listing ID: 34049624

  • Date on Market: 02/12/2024

  • Last Updated:

  • Address: 20462-20500 S Dixie Hwy, Cutler Bay, FL 33189

The Retail Property at 20462-20500 S Dixie Hwy, Cutler Bay, FL 33189 is currently available for sale. Contact Apex Capital Realty LLC for more information.

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Fully Leased Retail Strip & Restaurant | 20462-20500 S Dixie Hwy
(305) 570-2600 x

Fully Leased Retail Strip & Restaurant | 20462-20500 S Dixie Hwy

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Alexander Reyes

(305) 570-2600

(305) 570-2600

Adriano Salucci

(305) 570-2600

(305) 570-2600

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