Dixie Village
Dixie Village | Newly Built 32-Unit Multifamily | South Miami-Dade
Marketing description
Dixie Village represents a rare opportunity to acquire a newly constructed, cash-flowing 32-unit multifamily community located along Old Dixie Highway in the rapidly expanding South Miami-Dade / Homestead submarket. Completed in 2023, the property delivers immediate, stable income supported by modern construction, efficient unit layouts, and finishes that align with today’s workforce renter demand.
The asset is currently operating below prevailing market rents, providing a clear path for upside through organic rent growth. Strong demographic trends, sustained population growth, and significant public infrastructure investment continue to support long-term demand in the surrounding submarket. Dixie Village benefits from excellent regional connectivity via US-1 and the South Dade Transitway, offering convenient access to major employment centers throughout South Miami-Dade County.
Investment highlights
Newly built 32-unit multifamily community (2023 construction)
Immediate, stable in-place cash flow
Current rents below market, providing clear revenue upside
Projected NOI exceeding $550,000 with a 6%+ cap rate
Large floor plans with modern finishes and strong renter appeal
Located along Old Dixie Highway with direct access to US-1
Positioned in a high-growth South Miami-Dade submarket
Opportunity Zone location with potential tax advantages
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