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20870379
20870380

20462 S Dixie Hwy, Cutler Bay, FL 33189

APEX Capital Realty
Apex Capital Realty Miami
Listed by APEX Capital Realty, Apex Capital Realty Miami
$3,500,000
550 days on market
Updated 128 days ago
Opportunity zone

Fully Leased Retail Strip and Freestanding Restaurant

Details
Property Type Retail
Sub Type Restaurant, covered land
Square Footage 10,776
Units 11
Cap Rate 6.00%
NOI $210,000
Occupancy 100%
Tenancy Multi
Lease Type Gross
Year Renovated 1972
Buildings 2
Lot Size (SqFt) 26,004
Zoning TC- Town Center

Fully Leased Retail Strip & Freestanding Restaurant

Marketing description

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.

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 repositioning.

  • Prime Location: Strategically positioned on US-1 (S Dixie Hwy), one of Miami-Dade County’s most trafficked corridors, the site benefits from excellent visibility and accessibility.

  • Surrounding Synergies: Located directly across from Southplace City Center, the transformative redevelopment of Southland Mall into a vibrant mixed-use community with residential, retail, and entertainment options, creates a significant demand driver for nearby properties.

  • Future Growth Potential: Enhanced by direct proximity to South Dade TransitWay, Miami-Dade County’s first-ever Bus Rapid Transit (BRT) project, which is set to revolutionize connectivity across South Miami-Dade. The improved transit accessibility is expected to increase foot traffic and property value in the area.

  • Value-Add Opportunity: Short-term leases and the property’s zoning allow for future rent increases, tenant upgrades, or a complete redevelopment tailored to market demands.

Listing Contacts

APEX Capital Realty
Apex Capital Realty Miami
Listed by APEX Capital Realty, Apex Capital Realty Miami

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$210,000.00
$17,500.00/mo

Valuation Metrics

0
DSCR
6%
Cap Rate
6%
ROI

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Additional Information

Name
Alexander Reyes
License
3497422
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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