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33680413
33680411

14227-14229 S Dixie Hwy, Miami, FL 33176

DM
FL SL3500133
Franklin Street
RP
FL 3288548
Franklin Street
Listed by Franklin Street
$2,250,000
3 days on market
Updated 3 days ago

Miami Owner-User Opportunity | Pro Forma – 8.51% Cap

Details
Property Type Retail
Sub Type Storefront, Shopping Center (+1)
Square Footage 5,100
Net Rentable (SqFt) 5,100
Units 10
Cap Rate 4.25%
NOI $95,552
Occupancy 100%
Tenancy Multi
Lease Type Gross
Lease Term 44
Lease Expiration 02/28/2028
Remaining Term 1.7
Rent Bumps No
Lease Options No
Pro-Forma Cap Rate 8.51%
Pro-Forma NOI $191,587
Price per SqFt $441
Class B
Year Built 1957
Acreage 0.230
Zoning B-2
Parking Spaces 10 spaces
Parking Per SqFt 1.96
Investment Type Owner/User
Lease Commencement 03/01/1984
Ground Lease No

Occupy 2,500 SF Immediately | Retail Storefront + Rear Automotive Bays

Marketing description

14227-14229 S Dixie Highway offers the opportunity to acquire a well-located multi-tenant retail property along one of South Miami's busiest commercial corridors. The property consists of 5,100 square feet and benefits from strong visibility along South Dixie Highway with over 64,500 vehicles passing the site daily. The property is occupied by Miami Wheels, Clippers Barber Shop, and Freeway Insurance, all of which have successfully operated from this location for over 30 years showing commitment and loyalty to the site.

The asset offers both an investment and owner-user opportunity. Miami Wheels occupies approximately 50% of the building and is currently on a month-to-month lease, providing flexibility for an owner-user seeking immediate occupancy or an investor looking to reposition the space. All tenants are currently operating under gross leases and paying below-market rents, creating a clear value-add opportunity through future lease rollover, rent increases, and conversion to NNN lease structures.

Surrounded by national retailers including Publix, BJ's Wholesale Club, TJ Maxx, Marshalls, Five Below, CVS, Starbucks, Chase, and Wells Fargo, the property is positioned within an affluent South Miami trade area with average household incomes exceeding $160,000 within a three-mile radius.

Investment highlights

First time on the market in 40+ years

  • Long-term ownership
  • Rare South Miami retail offering

Established Tenant Base

  • Miami Wheels, Clippers Barber Shop & Freeway Insurance
  • All tenants operating at the property for 30+ years
  • Proven occupancy history

Owner-user Opportunity

  • Miami Wheels occupies approximately 50% of the building
  • Month-to-month lease
  • Immediate occupancy potential

Value-Add Investment Opportunity

  • Well below-market rents
  • NNN conversion opportunity
  • Mark-to-market upside

Premier South Miami Location

  • Frontage on South Dixie Highway (64,500+ VPD)
  • Surrounded by national retailers
  • Affluent demographics

Listing Contacts

DM
FL SL3500133
Franklin Street
RP
FL 3288548
Franklin Street
Listed by Franklin Street

Valuation Calculator

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$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$95,552.00
$7,962.67/mo

Valuation Metrics

0
DSCR
4.25%
Cap Rate
4.25%
ROI

Map

Zoning

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B1 CommercialGeneral CommercialLimited Business District
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View all 26 uses
View all 26 uses
Last updated Feb 3, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Tax History

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Additional Information

Name
Dylan Morse
License
SL3500133
Brokerage
Franklin Street
Brokerage Phone
9548207455
Title
Senior Associate
Name
Rayza Perez Lopez
License
3288548
Brokerage
Franklin Street
Brokerage Phone
645-231-6530
Title
Retail
Brokerage Address
2 Alhambra Plaza
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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