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

20462 SOUTH DIXIE HWY, Cutler Bay

$3,500,000 USD
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Address20462 SOUTH DIXIE HWY, Cutler Bay
Type of PropertyRetail
Type of BusinessRestaurant / Bar, Strip Store
Property StyleRetail
Price$3,500,000
Property StatusActive
MLS NumberA11680034
Property Size26004
Lot Size26004
Year Built1964
Folio Number36-60-07-000-0051
Days on Market350

Detailed 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.

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Address Information
StateFlorida
CityCutler Bay
CountyMiami-Dade County
Zip Code33189
Address20462 SOUTH DIXIE HWY
Section7
Zip Code (4 Digits)1214
Financial Information
Price$3,500,000
Price per Foot$0
Folio Number36-60-07-000-0051
Full Descriptions
Detailed DescriptionPrime 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.
Property parameters
Living Area26004
Lot Size26004
Total Acreage0.000
Maximum Leasable Size26004
Year Built1964
Type of PropertyRetail
Type of BusinessRestaurant / Bar, Strip Store
StyleRetail
Street DirectionSouth
Listed withAPEX Capital Realty LLC