Multi-Tenant Retail
14227-14229 S Dixie Hwy, Miami, FL 33176
Multi-tenant retail property with strong South Dixie Highway visibility and long-term local operations.
Type:Retail
Property size:
5,100 SFPrice / SF:
$441/SF- Added:
- Jun 17, 2026
- Days on Market:
- 12
- Last Refresh:
- Jun 24 at 5:10 am
Property Features for 14227-14229 S Dixie Hwy
General Information
- Standard status
- Active
- Size
- 5,100 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1957
Listing office Franklin Street
Listing date Jun 17, 2026
Source Crexi
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 Franklin Street
HighLights
- Multi‑tenant retail property built in 1957 with 5,100 SF at 14227‑14229 S Dixie Highway
- South Dixie Highway frontage with 64,500+ vehicles passing the site daily, offering strong corridor exposure
- Three long‑term tenants: Miami Wheels, Clippers Barber Shop, and Freeway Insurance, all operating from the site for 30+ years
- Miami Wheels occupies about 50% of the building and is on a month‑to‑month lease
- All tenants are under gross leases and currently paying below‑market rents
- Surrounded by national retailers including Publix, BJ's Wholesale Club, TJ Maxx, Marshalls, Five Below, CVS, Starbucks, Chase, and Wells Fargo
Overview
14227-14229 S Dixie Highway is a multi-tenant retail building configured to serve multiple businesses under one roof. The property totals 5,100 square feet and is currently occupied by Miami Wheels, Clippers Barber Shop, and Freeway Insurance. Miami Wheels occupies approximately 50% of the building and is on a month-to-month lease, which can support an owner-user looking for immediate occupancy or an investor seeking flexibility. All tenants are operating under gross leases and are paying below-market rents, creating an opportunity tied to lease rollover and rent adjustments.
The building is positioned along South Dixie Highway, one of South Miami’s busiest commercial corridors, with visibility supported by more than 64,500 vehicles passing the site daily. The tenant mix reflects established neighborhood demand, with each of the current operators operating from the location for over 30 years. The surrounding retail environment includes national brands such as Publix, BJ's Wholesale Club, TJ Maxx, Marshalls, Five Below, CVS, Starbucks, Chase, and Wells Fargo.
From a tenant fit perspective, this setup can accommodate retail operators that benefit from storefront presence on a high-traffic corridor. For buyers, the combination of an occupied multi-tenant asset, a month-to-month component, and gross-lease structures that may be converted to NNN over time supports both investment and owner-user strategies within a strong retail trade area.
The building is positioned along South Dixie Highway, one of South Miami’s busiest commercial corridors, with visibility supported by more than 64,500 vehicles passing the site daily. The tenant mix reflects established neighborhood demand, with each of the current operators operating from the location for over 30 years. The surrounding retail environment includes national brands such as Publix, BJ's Wholesale Club, TJ Maxx, Marshalls, Five Below, CVS, Starbucks, Chase, and Wells Fargo.
From a tenant fit perspective, this setup can accommodate retail operators that benefit from storefront presence on a high-traffic corridor. For buyers, the combination of an occupied multi-tenant asset, a month-to-month component, and gross-lease structures that may be converted to NNN over time supports both investment and owner-user strategies within a strong retail trade area.
Local 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 | $265.0k | $51.96 |
| − Vacancy | −$27.3k | −$5.35 |
| EGI | $237.7k | $46.61 |
| − OpEx | −$71.3k | −$13.98 |
| NOI | $166.4k | $32.63 |
5,100 SF · lease $51.96/SF/yr · vacancy 10.30% · expense 30.00%
Alternative Uses
Best Use
Retail
$2.38M
$2.08M – $2.77M
NOI $166,391 @ 7.0% cap · market cap 7.40%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$3.44M
$3.01M – $4.02M
NOI $240,977 @ 7.0% cap · market cap 10.71%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Storefront properties
Similar Places Nearby
- La' Fleur Decor — 1987 NE 147th Ln, North Miami, FL 33181
- GLADIOLA DESIGN — 1761 NE 138th St, North Miami, FL 33181
- Lavender Lake North Miami — 995 NE 146th St, North Miami, FL 33161
- Claudia's Flowers at Bravo 14500 — 14500 W Dixie Hwy, Miami, FL 33161
Location Insight
- Map
- Local Demand
- City
- Miami
- County
- Miami-Dade
- State
- Florida
- Longitude
- -80.171352
- Latitude
- 25.906823
Nearby Similar for Sale
FAQs
What type of property is this?
Storefront property - Multi-tenant retail property with strong South Dixie Highway visibility and long-term local operations.
Where is this storefront property located?
The property is located at 14227-14229 S Dixie Hwy Miami, FL.
What is the asking price?
The asking price for this property is $2,250,000.
What are key features of this property?
This property features: Multi‑tenant retail property built in 1957 with 5,100 SF at 14227‑14229 S Dixie Highway; South Dixie Highway frontage with 64,500+ vehicles passing the site daily, offering strong corridor exposure; Three long‑term tenants: Miami Wheels, Clippers Barber Shop, and Freeway Insurance, all operating from the site for 30+ years
