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    16051 S Dixie Hwy Miami, FL 33157

    For Lease
    $32 SF/Yr

    Two large retail spaces available in early 2026.

    Property size:
    54,000 SF
    Lot size:
    17.92 Acres

    Property Features for 16051 S Dixie Hwy

    General Information

    Size
    54,000 SF
    Lot size
    17.92 Acres

    Source: Colliers | Boca Raton Agent Russell Bornstein

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Palmetto Bay Retail Opportunity

    Two retail spaces will be available in early 2026 in Palmetto Bay, Miami. The former Marshalls space offers 42,719 square feet, and the adjacent former LA Fitness spans approximately 54,000 square feet. Located next to Brands Mart USA, these spaces are suitable for large-format retailers seeking a location in a high-traffic area. The property is situated on US-1 and W 160th Street, which has a traffic count of 64,500 cars per day. The surrounding area has a high population density, with 105,729 residents and a median household income of $134,385 within a 3-mile radius. The property features a monument sign on US-1, excellent parking, and access. A new roof and a second floor with a mezzanine are present.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Marshalls Department Store Regions Bank Bank ATM (Regions Bank) Atm Western Union Money Transfer Service LA Fitness Gym

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.344746
    Latitude
    25.620886

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    FAQs

    What type of property is this?
    Retail space - Two large retail spaces available in early 2026.
    Where is this retail space located?
    The property is located at 16051 S Dixie Hwy Miami, FL.
    What is the lease rate?
    The lease rate is $32 SF/Yr.
    What are key features of this property?
    This property features: - Prime location in Palmetto Bay, Miami with high visibility on US-1; - High traffic count of 64,500 cars per day; - High-density area with affluent demographics: population of 105,729 and median household income of $134,385 within 3 miles
    (561) 353-3650
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    16051 S Dixie Hwy Miami, FL 33157
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