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Gelfand Realty Miami Properties for Sale - Retail for Sale

20462 S DIXIE HWY, CUTLER BAY, FL 33189

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Retail - for Sale

20462 S DIXIE HWY, CUTLER BAY, FL 33189

Asking Price$3,500,000

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  • Lot size 26004sqft
  • Year Built 1964

  • Days on market:

    259 day(s)

  • Original Price:

    $3,500,000

  • Tax Legal Description:

    7 56 40 .31 AC M/L BEG 411.05FTS OF NW COR OF SW1/4 OF NE1/4 CONT S74.19FT TO NWLY R/W/L OF SR 5 NE300FT NW50FT TO SELY R/W/L OF FEC R/W SW2

  • Property Type:

    Retail

  • Special Listing Conditions:

    Sale

Description

$3,500,000

Prime investment opportunity! this fully-leased property at 20462-20500 s dixie hwy in cutler bay features two buildings: an 8,584 sq. ft. retail strip and a 2,192 sq. ft. freestanding restaurant, situated on a 26,004 sq. ft. lot. located on the high-traffic us-1, directly across from southland mall, this property generates an noi of $210,000 annually. with excellent value-add and redevelopment potential, this property ideal for investors looking to enhance income streams or explore future development opportunities in a thriving commercial corridor.
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