Retail Space with High
17030 S Dixie Highway, Palmetto Bay, FL 33157
For Sale
Contact for pricing
A private restroom and on-site parking serve a recently refreshed commercial unit.
Property Size7,041 SF
Price / SF$0.01
Days on Market32
Property Features for 17030 S Dixie Highway
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Building Details
Year Built
Listing Agency:
Compass Florida, LLC.
(305) 851-2820
Listed By:
Jayson Koch · License #3298194
(305) 987-3680
Source:
Lehmannflorida
Added: Oct 9
Changed: Nov 8
Last Checked: Nov 8 at 6:48AM
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 Compass Florida, LLC.
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The 2,500-square-foot retail unit has 14-foot ceilings, a private bathroom, and recently painted walls and floors. Its open interior offers flexibility for a range of commercial layouts, with on-site parking available to customers and staff.
Positioned at 17030 S Dixie Highway in Palmetto Bay, the space has frontage and signage opportunities along the highway. The mini-plaza also includes a liquor store and a check-cashing business as co-tenants.
Positioned at 17030 S Dixie Highway in Palmetto Bay, the space has frontage and signage opportunities along the highway. The mini-plaza also includes a liquor store and a check-cashing business as co-tenants.
Key Highlights
- 2,500 SF of retail space with 14‑foot ceilings
- Private dedicated bathroom and on‑site parking
- Recently painted walls and floors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$123,094
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,461,880
$2.5M
Cap Rate 7%
$1,758,486
$1.8M
Cap Rate 9%
$1,367,711
$1.4M
Market Conditions
NOI Build-Up for 7,041 SF
Gross rent
$190.1K $27.00/SF
− Vacancy
−$14.3K −$2.03/SF
EGI
$175.8K $24.98/SF
− OpEx
−$52.8K −$7.49/SF
NOI
$123.1K $17.48/SF
Area
ZIP 33157
Vacancy
7.50%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,461,880
Cap Rate 7%
$1,758,486
Cap Rate 9%
$1,367,711
Alternative Uses
Best Use
Retail
$1.76M
$1.54M – $2.05M
NOI $123,094 @ 7.0% cap · market cap 307,735.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.57M
$3.13M – $4.17M
NOI $250,054 @ 7.0% cap · market cap 625,135.00%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,394
Businesses Nearby
Explore this area
Business Placement
Demographics for 33157, FL
68,069
Population
23,176
Households
2.9
Avg Household Size
42
Median Age
33%
College-Educated
86%
High-School Grad
14.9 sq mi
ZIP Area
4,568
Density / Sq Mi
$80,364
Median Household Income
$38,803
Median Earnings
$1,493
Median Rent
$478,300
Median Home Value
Market
Average Price Trend$/SF for Retail space in Miami-Dade County, FL
Properties on Market for Retail space in Miami-Dade County
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Retail space - A private restroom and on-site parking serve a recently refreshed commercial unit.
Where is this retail space located?
The property is located at 17030 S Dixie Highway Palmetto Bay, FL.
What are key features of this property?
This property features: 2,500 SF of retail space with 14‑foot ceilings; Private dedicated bathroom and on‑site parking; Recently painted walls and floors
