Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    S Dixie Hwy 13611-13621 Miami, FL

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Sublease opportunity in Palmetto Bay's Colonial Palms Plaza.

    Type:RETAIL
    Property size:
    3,950 SF
    Lot size:
    17.07 Acres
    Added:
    Jun 24, 2025
    Days on Market:
    306
    Last Refresh:
    Apr 5 at 9:41 pm

    Property Features for S Dixie Hwy 13611-13621

    General Information

    Standard status
    Active
    Size
    3,950 SF
    Lot size
    17.07 Acres
    Property subtype
    RETAIL

    Spaces For Lease

    at S Dixie Hwy 13611-13621 Contact us

    We can help!

    Listing Contact
    Noah Jones

    Listing agent Noah Jones

    Listing office Atlantic Retail | West Palm Beach

    Listing date Jun 24, 2025

    Source Moodyscre

    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 Atlantic Retail | West Palm Beach

    Overview

    Retail Space Sublease Opportunity

    This is an opportunity to sublease a 3,950 square foot retail space formerly occupied by Field of Flowers at Colonial Palms Plaza in Palmetto Bay. The property is located at the intersection of US Hwy. 1 and SW 136th Street, directly across from The Falls. The plaza is home to national tenants such as Marshalls, Old Navy, PetSmart, Party City, and Mattress Firm. There are six years of term remaining, with one five-year option.
    Location Intelligence

    Current Use by Public Records

    Strip malls

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.3341
    Latitude
    25.6437

    Nearby Similar for Lease

    • $2,985/Mo

      Miami Warehouse/Office Space For Rent

      Move-in ready warehouse/office space in Coral Reef area.
      11965 SW 142nd Ter, Miami, FL 33186
      View Details
    • $3,300/Mo

      Miami Flex Space For Rent

      Office-warehouse combo near major expressways and airport.
      2355 NW 70th Ave, Miami, FL 33122
      View Details
    • $8,000/Mo

      Versatile Commercial Space in Miami

      Adaptable space for manufacturing, storage, distribution, or office use.
      7025 NW 7th Ave, Miami, FL 33150
      View Details
    • $4,700/Mo

      Turnkey Office Space in Miami

      Modern, collaborative office space near Brickell, fully furnished and ready.
      1820 SW 3rd Ave, Miami, FL 33129
      View Details
    • $6,500/Mo

      High-Visibility Corner Retail Space

      Equipped retail space in high-demand Miami neighborhood.
      1186 NW 103rd St, Miami, FL 33150
      View Details
    • $8,429/Mo

      Miami Industrial Warehouse with Offices

      Spacious warehouse with office space in Miami's industrial hub.
      5220 NW 72nd Ave, Miami, FL 33166
      View Details
    • $1,400/Mo

      Renovated Office Space in Miami

      Renovated office space in Miami's waterfront district available for lease.
      825 BRICKELL BAY DR, Miami, FL 33131
      View Details
    • $2,700/Mo

      Renovated Office Space in Miami

      Renovated office space in Miami's waterfront Four Ambassadors building.
      825 BRICKELL BAY DR, Miami, FL 33131
      View Details
    • $1,395/Mo

      Miami Office with Coral Gables View

      Move-in ready office space with excellent frontage and ample parking.
      5455 SW 8 ST, Miami, FL 33134
      View Details
    • $1,600/Mo

      Brickell Office Space with Amenities

      Office space in Brickell with waterfront views and included amenities.
      825 Brickell Bay Dr, Miami, FL 33131
      View Details
    • $2,900/Mo

      Kendall Office Space For Rent

      Professional office space in Kendall, 1,088 SF, ready for occupancy.
      13406 SW 128th St, Miami, FL 33186
      View Details
    • $7,000/Mo

      Coral Gables Office Space Available

      Office spaces for lease in Coral Gables, Miami.
      4751 W Flagler St, Miami, FL 33134
      View Details

    FAQs

    What type of property is this?
    Strip mall - Sublease opportunity in Palmetto Bay's Colonial Palms Plaza.
    Where is this strip mall located?
    The property is located at S Dixie Hwy 13611-13621 Miami, FL.
    What are key features of this property?
    This property features: Sublease opportunity for a 3,950 SF space.; Located in Colonial Palms Plaza in Palmetto Bay.; Aggressive sublease terms.
    (561) 427-6699 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Noah Jones
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!