20500 S Dixie Hwy, Cutler Bay FL 33189, Cutler Bay, FL, 33189

  • $3,500,000
20500 S Dixie Hwy, Cutler Bay FL 33189
Commercial Sale Active

20500 S Dixie Hwy, Cutler Bay FL 33189, Cutler Bay, FL, 33189

20500 S Dixie Hwy, Cutler Bay FL 33189
  • $3,500,000

Overview

Property ID: HZA11680034
  • 1964
  • Year Built

Description

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.

  • Address Dixie Hwy
  • Zip/Postal Code 33189

Details

Updated on October 22, 2024 at 4:55 am
  • Property ID: HZA11680034
  • Price: $3,500,000
  • Year Built: 1964

Additional details

  • Street Dir Prefix: S
  • Public Survey Range: 60
  • 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
  • On Market Date: 2024-10-21
  • Contract Status Change Date: 2024-10-21
  • Major Change Timestamp: 2024-10-21T20:22:00.467Z
  • Status Change Timestamp: 2024-10-21T20:22:00.467Z
  • Price Change Timestamp: 2024-10-21T20:20:39.510Z
  • Major Change Type: New
  • Listing Contract Date: 2024-10-21
  • List AOR: A-Miami Association of REALTORS
  • Current Use: Retail
  • Originating System Key: miamire
  • Business Type: Restaurant/Bar,Strip Store
  • Photos Change Timestamp: 2024-10-21T20:24:55.016Z
  • Originating System Name: Miami Association of REALTORS®
  • Mls Status: Active
  • Street Number: 20500
  • State Or Province: FL
  • Bridge Modification Timestamp: 2024-10-22T05:49:51.870Z
  • Parcel Number: 36-60-07-000-0051
  • Other Expense: 0
  • IDX Participation: 1
  • Modification Timestamp: 2024-10-22T02:00:06.797Z
  • Originating System ID: miamire
  • Days On Market: 1
  • Street Number Numeric: 20500
  • Postal Code +4: 1214
  • Number Of Units In Community: 0
  • Syndication Remarks: 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.
  • Structure Type: Industrial
  • Public Survey Township: 60
  • Street Name: Dixie Hwy
  • Listing Agreement: Exclusive Agency
  • Public Survey Section: 7
  • Special Listing Conditions: Sale
  • Number Of Buildings: 2
  • Building Area Units: Square Feet
  • Internet Entire Listing Display: 1
  • Original Entry Timestamp: 2024-10-21T20:22:00.467Z
  • Source System Key: 402364065
  • Lot Size Square Feet: 26004
  • Building Area Total: 10776

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