22825 S Dixie Hwy Miami, FL 33170

Listing agency Coldwell Banker Realty r***@rosycancela.com Show Phone

Listed by Rosy Cancela · License #0574234 Show Phone

Source Exprealty

Added: Jan 26 Updated: Jul 6 at 10:01AM Checked: Jul 19 at 8:39AM

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Investment Insights

Based on property information with market context.

This 2+ acre site, zoned BU-3, is located on South Dixie Highway, between Cutler Bay and Homestead, on SW 124 Avenue. The property is currently leased to small car dealers. The BU-3 zoning allows for Wholesale Facilities, Spot commercial, Strip commercial, and neighborhood shopping centers, but excludes office use. The Florida Live Local Act may facilitate residential use as part of the redevelopment, as it aims to address the state's affordable housing crisis by providing various incentives and opportunities for developers to create workforce housing, offering funding, land-use flexibility, and tax benefits to encourage the construction of affordable rental housing units. This property presents an incredible covered land play or redevelopment opportunity.

Key Highlights

• 2+ acre BU‑3 zoned site on So Dixie Hwy, perfectly situated between Cutler Bay and Homestead.
• Potential for redevelopment into Wholesale Facilities, Spot commercial, Strip commercial, and neighborhood shopping centers thanks to the BU‑3 zoning.
• Opportunity to apply the Live Local Act to facilitate residential use and address affordable housing needs.

Property Analytics

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FAQs

What type of property is this?

Commercial land - 2+ acre BU-3 zoned site on South Dixie Highway.

Where is this commercial land located?

The property is located at 22825 S Dixie Hwy Miami, FL.

What is the asking price?

The asking price for this property is $10,900,000.

What are key features of this property?

This property features: 2+ acre BU‑3 zoned site on So Dixie Hwy, perfectly situated between Cutler Bay and Homestead.; Potential for redevelopment into Wholesale Facilities, Spot commercial, Strip commercial, and neighborhood shopping centers thanks to the BU‑3 zoning.; Opportunity to apply the Live Local Act to facilitate residential use and address affordable housing needs.