12985 W Dixie Hwy, North Miami, FL 33161
12985 W Dixie Hwy, North Miami, FL 33161
12985 W Dixie Hwy, North Miami, FL 33161
12985 W Dixie Hwy, North Miami, FL 33161
12985 W Dixie Hwy, North Miami, FL 33161
12985 W Dixie Hwy, North Miami, FL 33161
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Jeanette Pressman PA

Jeanette Pressman PA

+1(786) 205-0525
$ 2,100,000
Est. payment | /mo

7,742 SqFt

Save Virtual Tour
$ 2,100,000
Est. payment | /mo
Save Virtual Tour

7,742 SqFt

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Square Footage 7,742 sqft

Price per Sqft $271

MLS Listing ID A11897492

HOA Y/N No

Year Built 1956

Annual Tax Amount $13,687

Tax Year 2024

Lot Size 7,742 Sqft

Property Sub-Type Retail

Property 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.

Location

State FL

County Miami-dade

Area 22

Interior

Cooling Central Air

Window Features Impact Glass

Exterior

Private Pool Yes

Building

Story 1

Sewer Public Sewer

Water Public

Level or Stories One

Others

Tax ID 06-22-30-006-0550

Acceptable Financing Cash

Listing Terms Cash

Virtual Tour https://www.propertypanorama.com/instaview/mia/A11897492

Miami Association of Realtors (SEFMIAMI MLS)
Listed by Fortune Christie's Intl R.E.

Nearby Locations

Jeanette Pressman PA

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(786) 205-0525

jeanettepressman@gmail.com

18001 Collins Ave, Sunny Isles Beach, FL 33160-2722, USA

GET MORE INFORMATION

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from Dezer Platinum Realty, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

Go tour this home

12985 W Dixie Hwy