Two-Story Mixed-Use
13295 W Dixie Highway, North Miami, FL 33161
For Sale
New
$1,350,000
Retail space occupies the street level, with residential use on the upper floor and five on-site parking spaces.
Property Size4,067 SF
Lot Size0.17 Acres
Days on Market4
Property Features for 13295 W Dixie Highway
General Information
Standard status
Size
Total Parking Spaces
Lot size
Property subtype
Zoning
Site & Location
Neighborhood
Corner Location
Traffic Count
Mixed-Use Components
Tenancy & Operations
Currently Operating
Tenant in Place
Taxes and HOA fees
Annual Taxes
Amenities
hurricane impact windows and doors
packaged air conditioning
Building Details
Building Size
Year Built
Buildings
Stories
Listing Agency:
Robert Bourne Real Estate LLC
Listed By:
Robert J Bourne · License FL #3034130
(786) 281-8376
Source:
Silverleafrealtygroup
Added: Nov 9
Changed: Nov 12
Last Checked: Nov 12 at 2:22PM
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 Robert Bourne Real Estate LLC
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Investment Insights
Based on property information with market context.
This freestanding, two-story mixed-use property was built in 1949 on a 7,268-square-foot lot along West Dixie Highway in North Miami. The ground floor contains approximately 1,800 square feet of retail space, currently occupied by a pet food and supply store. The upper floor has approximately 1,800 square feet and is configured as one residence with two side-by-side living areas; each area includes a bedroom, bathroom, and kitchen. Hurricane-impact windows and doors and packaged air conditioning serve the building.
The site has approximately 49 feet of frontage and five parking spaces. The business has operated for 38 years and remains active; it may also be available for purchase with the real estate. Reported zoning is C-1 with a C-2 overlay. Square footage, zoning, approved uses, and residential unit count should be verified by the buyer.
The site has approximately 49 feet of frontage and five parking spaces. The business has operated for 38 years and remains active; it may also be available for purchase with the real estate. Reported zoning is C-1 with a C-2 overlay. Square footage, zoning, approved uses, and residential unit count should be verified by the buyer.
Key Highlights
- Two‑story building constructed in 1949 on a 7,268 SF lot
- Approximately 1,800 SF of ground‑floor retail space per county records
- Upper floor is approximately 1,800 SF per county records, arranged as two living areas with one bedroom, one bathroom, and one kitchen each
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$57,345
Cap Rate
4.25%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,146,900
$1.1M
Cap Rate 7%
$819,214
$819.2K
Cap Rate 9%
$637,167
$637.2K
Market Conditions
NOI Build-Up for 4,067 SF
Gross rent
$97.6K $24.00/SF
− Vacancy
−$5.9K −$1.44/SF
EGI
$91.8K $22.56/SF
− OpEx
−$34.4K −$8.46/SF
NOI
$57.3K $14.10/SF
Area
Miami-Dade County, FL
Vacancy
6.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,146,900
Cap Rate 7%
$819,214
Cap Rate 9%
$637,167
Alternative Uses
Best Use
Mixed Use
$819.2K
$716.8K – $955.8K
NOI $57,345 @ 7.0% cap · market cap 4.25%
Second Best
Retail
$705.6K
$617.4K – $823.2K
NOI $49,394 @ 7.0% cap · market cap 3.66%
Theoretical Best
Office A
$2.22M
$1.94M – $2.59M
NOI $155,462 @ 7.0% cap · market cap 11.52%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
20,500 VPD
Traffic count
Location Intelligence
Trade Area within ½ mile
2,165
Businesses Nearby
Explore this area
Business Placement
Demographics for 33161, FL
53,015
Population
18,912
Households
2.8
Avg Household Size
37
Median Age
21%
College-Educated
81%
High-School Grad
5.5 sq mi
ZIP Area
9,639
Density / Sq Mi
$55,265
Median Household Income
$34,311
Median Earnings
$1,494
Median Rent
$376,500
Median Home Value
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Market
Average Price Trend$/SF for Mixed-use properties in Miami-Dade County, FL
Properties on Market for Mixed-use properties in Miami-Dade County
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Retail space occupies the street level, with residential use on the upper floor and five on-site parking spaces.
Where is this mixed-use property located?
The property is located at 13295 W Dixie Highway North Miami, FL.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: Two‑story building constructed in 1949 on a 7,268 SF lot; Approximately 1,800 SF of ground‑floor retail space per county records; Upper floor is approximately 1,800 SF per county records, arranged as two living areas with one bedroom, one bathroom, and one kitchen each
