Palmetto Bay Retail
For Lease
Contact for pricing
16051 S Dixie Hwy, Miami, FL
Two large retail spaces available in early 2026.
Property Size54,000 SF
Lot Size17.92 Acres
Days on Market363
Property Features for 16051 S Dixie Hwy
General Information
Standard status
Active
Size
54,000 SF
Lot size
17.92 Acres
Property subtype
RETAIL
Listing Agency:
Colliers | Boca Raton
(561) 353-3642
Listed By:
Russell Bornstein
Source:
Moodyscre
Added: Aug 5, 2025
Changed: Jul 6
Last Checked: Jul 21 at 6:24AM
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 Colliers | Boca Raton
Investment Insights
Based on property information with market context.
Two retail spaces will be available in early 2026 in Palmetto Bay, Miami. The former Marshalls space offers 42,719 square feet, and the adjacent former LA Fitness spans approximately 54,000 square feet. Located next to Brands Mart USA, these spaces are suitable for large-format retailers seeking a location in a high-traffic area. The property is situated on US-1 and W 160th Street, which has a traffic count of 64,500 cars per day. The surrounding area has a high population density, with 105,729 residents and a median household income of $134,385 within a 3-mile radius. The property features a monument sign on US-1, excellent parking, and access. A new roof and a second floor with a mezzanine are present.
Key Highlights
- Prime location in Palmetto Bay, Miami with high visibility on US‑1
- High traffic count of 64,500 cars per day
- High‑density area with affluent demographics: population of 105,729 and median household income of $134,385 within 3 miles
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$4.88 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,055
Businesses Nearby
Explore this area
Business Placement
Market
Lease Benchmarks for Miami, FL
$38.24 /SF/Yr
Avg Asking Price
$0.89–$120 /SF/Yr
Price Range
5,432 SF
Avg Space Size
This space is priced 15% below the average of $38.24 /SF/Yr.
Vacancy Rate% for Retail in Miami, FL
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Retail space - Two large retail spaces available in early 2026.
Where is this retail space located?
The property is located at 16051 S Dixie Hwy Miami, FL.
What is the lease rate?
The lease rate is $32.50 SF/Yr.
What are key features of this property?
This property features: Prime location in Palmetto Bay, Miami with high visibility on US‑1; High traffic count of 64,500 cars per day; High‑density area with affluent demographics: population of 105,729 and median household income of $134,385 within 3 miles
