12985 W Dixie Hwy, North Miami FL 33161 | Miami-Dade County | A11897492
  • $2,100,000

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.

  • Address: Dixie Hwy
  • City: North Miami
  • Zip/Postal Code: 33161

Details

Updated on July 2, 2026 at 7:47 am
  • Property ID A11897492
  • Price $2,100,000
  • Year Built 1956
  • Property Status Active, Commercial Sale

Additional details

  • Cooling Central Individual A/C
  • Annual Tax 13687
  • Association No
  • Private Pool No
  • Listing Terms All Cash
  • Waterfront No
  • Total Stories 1
  • Structure Type Shopping Center
  • Tax Year 2024
  • Building Area 7742
  • Year Built Details Resale
  • Inclusions Building & Land, Leases
  • Flood Zone AE
  • New Construction No
  • Lot Size (Sq Ft) 7742

Mortgage Calculator

Schedule a Tour

Tour Type

Contact Information

View Listings
Christopher Lazaro

Enquire About This Property

0 Review

Sort by:
Leave a Review

Leave a Review

Compare listings

Compare