South Dixie Retail Strip
14301 S Dixie Hwy Miami, FL 33176
For Sale
$3,900,000
For sale retail strip center with an approximate 9,000 building size in Miami, Florida.
Property Size9,000 SF
Price / SF$433.33
Days on Market20
Property Features for 14301 S Dixie Hwy
General Information
Standard status
Active
Size
9,000 SF
Property subtype
Shopping Strip
Building Details
Year Built
1986
Listing Agency:
Marcus & Millichap - Miami
(786) 522-7064
Listed By:
Kirk D. Olson · License #License(s): FL: SL3113669
(786) 522-7064
Source:
Marcusmillichap
Added: Jul 10
Last Checked: Jul 29 at 3:27AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Miami
Investment Insights
Based on property information with market context.
South Dixie Strip Center is a for-sale retail strip center. The property’s size is listed at approximately 9,000.
The offering is located at 14301 S Dixie Hwy in Miami, Florida.
This is a commercial retail property opportunity presented by Marcus & Millichap.
The offering is located at 14301 S Dixie Hwy in Miami, Florida.
This is a commercial retail property opportunity presented by Marcus & Millichap.
Key Highlights
- South Dixie strip center built in 1986
- Retail strip center in Miami, Florida
- Approx. 9,000 building size
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $467.6k | $51.96 |
| − Vacancy | −$48.2k | −$5.35 |
| EGI | $419.5k | $46.61 |
| − OpEx | −$125.8k | −$13.98 |
| NOI | $293.6k | $32.63 |
9,000 SF · lease $51.96/SF/yr · vacancy 10.30% · expense 30.00%
Alternative Uses
Best Use
Retail
$4.19M
$3.67M – $4.89M
NOI $293,631 @ 7.0% cap · market cap 7.53%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$6.08M
$5.32M – $7.09M
NOI $425,254 @ 7.0% cap · market cap 10.90%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Strip mall - For sale retail strip center with an approximate 9,000 building size in Miami, Florida.
Where is this strip mall located?
The property is located at 14301 S Dixie Hwy Miami, FL.
What is the asking price?
The asking price for this property is $3,900,000.
What are key features of this property?
This property features: South Dixie strip center built in 1986; Retail strip center in Miami, Florida; Approx. 9,000 building size
