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Value-Add Retail Investment Opportunity
For Sale
$30,000,000

27455 S Dixie Highway, Miami, FL 33032

92,351 SF shopping center in high-growth South Miami-Dade County.

Property Size92,351 SF
Price / SF$326,086
Days on Market341

Property Features for 27455 S Dixie Highway

General Information

Standard status Active
Size 92,351 SF
Property subtype Retail

Building Details

Building Size 92,351 SF
Year Built 1983
Listing Agency:
Listed By: Matthew Rotolante, SIOR, CCIM · License ##BK3531036
Source: Lee-associates
Added: Sep 10, 2025 Changed: Aug 9 Last Checked: Aug 9 at 8:55PM

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 Matthew Rotolante, SIOR, CCIM

Investment Insights

Based on property information with market context.

Shoppes at Naranja Lakes is a 92,351 square foot neighborhood shopping center situated on approximately 9 acres. The property is located in the high-growth corridor of South Miami-Dade County. It features over 600 feet of retail frontage along US-1/S Dixie Highway, which experiences daily traffic counts exceeding 46,000 AADT. The center was recently redeveloped and is anchored by a mix of national credit tenants, including a gym, medical center, and grocer. The property offers significant upside potential, under market rents, and the ability to redevelop up to 90 units per acre as part of the Leisure City Community Center Charrette. The site is adjacent to the Fresco Y Mas-anchored Naranja Shopping Center and near a newly developed Walmart Neighborhood Center. The surrounding community has delivered over 46,000 new beds since 2018, with additional development underway. The retail center has 509 parking spaces, flexible zoning, and proximity to major highways like the Florida Turnpike.

Key Highlights

  • Value‑add retail investment opportunity in a high‑growth area of South Miami‑Dade County.
  • Anchored by a solid mix of national credit tenants including a gym, medical center, and grocer.
  • Significant upside potential with under market rents and redevelopment possibilities (up to 90 units per acre).

Property Analytics

Current Use

Neighborhood centers

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Spa & Massage Center Hair Salon Nail Salon

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

Location Intelligence

Trade Area within ½ mile

562
Businesses Nearby

Demographics for 33032, FL

58,727
Population
19,102
Households
3.1
Avg Household Size
34
Median Age
24%
College-Educated
83%
High-School Grad
18.2 sq mi
ZIP Area
3,227
Density / Sq Mi
$74,995
Median Household Income
$36,515
Median Earnings
$1,626
Median Rent
$374,700
Median Home Value

Market

Vacancy Rate% for Retail in Miami, FL

3.5% 2019
4.3% 2020
3.3% 2021
2.9% 2022
3.1% 2023
2% 2024
2.7% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Neighborhood center - 92,351 SF shopping center in high-growth South Miami-Dade County.
Where is this neighborhood center located?
The property is located at 27455 S Dixie Highway Miami, FL.
What is the asking price?
The asking price for this property is $30,000,000.
What are key features of this property?
This property features: Value‑add retail investment opportunity in a high‑growth area of South Miami‑Dade County.; Anchored by a solid mix of national credit tenants including a gym, medical center, and grocer.; Significant upside potential with under market rents and redevelopment possibilities (up to 90 units per acre).
More about this property
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