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    6600 SW 57Th Dr South Miami, FL 33143

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    For Lease
    Contact for pricing

    Retail space available in high-income area near University of Miami.

    Property size:
    1,600 SF
    Lot size:
    7.02 Acres

    Property Features for 6600 SW 57Th Dr

    General Information

    Size
    1,600 SF
    Lot size
    7.02 Acres

    Source: Colliers | Miami Agent Steven Henenfeld

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

    Overview

    Retail Space Near University of Miami

    Red Road Commons is a multi-use property featuring ground floor retail space with residential apartments on the upper floors. The property is situated in a high-income area and is adjacent to the University of Miami Coral Gables campus, where over 15,629 students are enrolled. The center fronts the intersection of Red Road (SW 57th Ave) and US Hwy 1 (South Dixie Hwy). There is 1,600 square feet of retail space available, along with 41 dedicated retail-only parking spaces. The area has an affluent high-income demographic with over $120,000 average household income within a 3-mile radius. The location benefits from high traffic volume, with approximately 99,000 vehicles per day at the intersection of US 1 (S. Dixie Hwy) and W 57th Ave.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Daycare Center

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

    Similar Places Nearby

    Famrimon plaza, Sunset Place

    Location Insight

    • Map
    • Local Demand
    City
    South Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.29584
    Latitude
    25.71706

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    FAQs

    What type of property is this?
    Shopping center - Retail space available in high-income area near University of Miami.
    Where is this shopping center located?
    The property is located at 6600 SW 57Th Dr South Miami, FL.
    What are key features of this property?
    This property features: - High-traffic location at the intersection of Red Road and US Hwy 1 with approximately 99,000 vehicles per day.; - Located in an affluent area with average household income over $120,000 within a 3-mile radius.; - Adjacent to the University of Miami Coral Gables campus with over 15,629 students.
    (305) 359-3690
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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
    6600 SW 57Th Dr South Miami, FL 33143
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