Corner
For Sale
Contact for pricing
17840 W Dixie Highway, North Miami Beach, FL 33160
The two-story layout includes a quieter upper level for work or additional business space.
Property Size2,400 SF
Price / SF$0.02
Days on Market32
Property Features for 17840 W Dixie Highway
General Information
Standard status
Active
Size
2,400 SF
Property subtype
Retail
Building Details
Year Built
1979
Stories
2
Listing Agency:
Luxe Realty Group LLC
(305) 945-4100
Listed By:
Lisa Nicole Yanowitz · License #3198733
(305) 986-1018
Source:
Isaacsrealestate
Added: Sep 29
Changed: Oct 28
Last Checked: Oct 28 at 3:03PM
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 Luxe Realty Group 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.
This 2,400-square-foot storefront at The Shops at Greynolds Village has a corner position and two floors. The upper level provides a separate, quieter area. The property was previously used as a dessert shop, and the stated use possibilities include retail, food and beverage, boutique, and office. Built in 1979, the space is offered for sale.
The center includes Neverland Coffee Bar, Tap Beer Miami, Kasa Yoga Studios, and Fade and Shave Barbershop. Greynolds Park, Aventura Mall, and Sunny Isles are identified as nearby destinations.
The center includes Neverland Coffee Bar, Tap Beer Miami, Kasa Yoga Studios, and Fade and Shave Barbershop. Greynolds Park, Aventura Mall, and Sunny Isles are identified as nearby destinations.
Key Highlights
- 2,400 square feet across two floors
- Corner storefront at The Shops at Greynolds Village
- Upper floor offers a quieter, separate work area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$40,582
Suggested Prices Based on Cap Rates
Cap Rate 5%
$811,640
$811.6K
Cap Rate 7%
$579,743
$579.7K
Cap Rate 9%
$450,911
$450.9K
Market Conditions
NOI Build-Up for 2,400 SF
Gross rent
$63.4K $26.40/SF
− Vacancy
−$5.4K −$2.24/SF
EGI
$58.0K $24.16/SF
− OpEx
−$17.4K −$7.25/SF
NOI
$40.6K $16.91/SF
Area
Miami-Dade County, FL
Vacancy
8.50%
Lease Rate
$26.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$811,640
Cap Rate 7%
$579,743
Cap Rate 9%
$450,911
Alternative Uses
Best Use
Retail
$579.7K
$507.3K – $676.4K
NOI $40,582 @ 7.0% cap · market cap 109,681.08%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.22M
$1.07M – $1.42M
NOI $85,233 @ 7.0% cap · market cap 230,359.46%
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
1,721
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 33160, FL
44,085
Population
33,749
Households
1.3
Avg Household Size
48
Median Age
49%
College-Educated
93%
High-School Grad
4.4 sq mi
ZIP Area
10,019
Density / Sq Mi
$62,413
Median Household Income
$43,035
Median Earnings
$1,990
Median Rent
$360,200
Median Home Value
Market
Vacancy Rate% for Retail in South region
Similar Off Market Nearby
- La fleur usa — 3536 NE 168th St, North Miami Beach, FL 33160
- Sunny Isles Florist — 2920 Point E Dr, Aventura, FL 33160
- Aventura Flowers on Wherels — 2859 Leonard Dr APT G110, Aventura, FL 33160
- sunny isles florist — 2920 Point E Dr APT N211, Aventura, FL 33160
- Aventura Florist — 18143 Biscayne Blvd, Aventura, FL 33160
Frequently Asked Questions
What type of property is this?
Storefront property - The two-story layout includes a quieter upper level for work or additional business space.
Where is this storefront property located?
The property is located at 17840 W Dixie Highway North Miami Beach, FL.
What are key features of this property?
This property features: 2,400 square feet across two floors; Corner storefront at The Shops at Greynolds Village; Upper floor offers a quieter, separate work area
