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Freestanding Retail Storefront Building
For Lease
$85 SF/Yr

1586 S Dixie Hwy, Coral Gables, FL 33146

COMMERCIAL - Other - Coral Gables, FL

Space Size3,333 SF
Lot Size0.23 Acres
Days on Market29

Property Features for 1586 S Dixie Hwy

General Information

Property type Commercial Lease
Property subtype Other
Zoning description 5003
Parking 22
Parking features On Street, Guest
Security features Security System
Subdivision 41
Standard status Active
APN 03-41-30-010-0070
Lot size 0.23 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description C GAB RIV SEC REPLAT OF BLK 199 PB 53-97 TRS I & J LOT SIZE 10005 SQ FT OR 18408-1884 1198 4 COC 26215-2852 02 2008 5
Tax Annual Amount 47515
Legal Description C GAB RIV SEC REPLAT OF BLK 199 PB 53-97 TRS I & J LOT SIZE 10005 SQ FT OR 18408-1884 1198 4 COC 26215-2852 02 2008 5

Utilities

Sewer type Public Sewer
Heating system Electric (Heating), Central
Cooling system Central Air
Water source Public

Building Details

Year built 1976
Flooring type Tile
Building materials Block
Roof type Built-Up
Architectural style Other
Listing Agency: BHHS EWM Realty
Listed By: Scott Shuffield · License #3237495
Added: Jul 15 Changed: Aug 4 Last Checked: Aug 12 at 7:06PM
MLS# A12043241

Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Freestanding 3,333 SF retail building on a 10,005 SF lot, constructed with block and finished with tile flooring. The property is served by central air cooling and central electric heating, with a built-up roof. Water and sewer service are public.

Located along high-visibility South Dixie Highway/US-1, the building offers dual access from South Dixie Highway and Madruga Avenue. Parking capacity is up to 22 vehicles, including 15 individual spaces, 3 tandem spaces, and 1 ADA space.

The space is formerly associated with Swensen’s Ice Cream and Misha’s Cupcakes. Ownership is open to a bank, national credit tenant, or investment-grade retailer, and will consider other quality users for retail, restaurant, financial institution, medical, or service-oriented businesses.

Key Highlights

  • Freestanding 3,333 SF retail building on a 10,005 SF lot
  • High‑visibility location on South Dixie Highway/US‑1
  • Dual access from South Dixie Highway and Madruga Avenue

Property Analytics

Current Use

Isalis (Bike/Boat/Book/etc) Store Party City Party Supply Store Skunk Funk Big Box & Wholesale Store Carl's Trading Co Hat Shop Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Building Supply Auto Repair Shop Kitchen & Bath Showroom Garden Center Dental Office Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type
$12.75 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

5,697
Businesses Nearby
Balanced
Demand for This Use

Demographics for 33146, FL

16,468
Population
6,788
Households
2.4
Avg Household Size
29
Median Age
75%
College-Educated
98%
High-School Grad
3.1 sq mi
ZIP Area
5,312
Density / Sq Mi
$124,712
Median Household Income
$41,105
Median Earnings
$2,774
Median Rent
$1,141,800
Median Home Value

Market

Lease Benchmarks for Coral Gables, FL

$61.5 /SF/Yr
Avg Asking Price
$45–$85 /SF/Yr
Price Range
3,059 SF
Avg Space Size

This space is priced 38% above the average of $61.5 /SF/Yr.

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
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Similar Off Market Nearby

  • Orchids On The Rocks 5720 SW 57th Terrace, Miami, FL 33143
  • A&E Special Arrangements 1430 Madruga Ave Suite 7, Coral Gables, FL 33146
  • Coral Gables Florist Design 1172 s dixie hwy ste 109, coral gables, fl 33146

Frequently Asked Questions

What type of property is this?
Storefront property - Freestanding retail building with dual access and parking for up to 22 vehicles on South Dixie Highway/US-1.
Where is this storefront property located?
The property is located at 1586 S Dixie Hwy Coral Gables, FL.
What is the lease rate?
The lease rate is $85 SF/Yr.
What are key features of this property?
This property features: Freestanding 3,333 SF retail building on a 10,005 SF lot; High‑visibility location on South Dixie Highway/US‑1; Dual access from South Dixie Highway and Madruga Avenue
More about this property
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