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
Kristina Manuel

Kristina Manuel

+1(916) 251-6414
$ 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 Pending

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

Contingent Financing

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

Zoning 6600

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.

Schools and Properties Nearby

Kristina Manuel

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(916) 251-6414

movewithkristina@gmail.com

USA

Learn More About LPT Realty

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from Kristina Manuel, 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.

Tour the Home

12985 W Dixie Hwy