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    21855 Dixie Hwy Miami, FL 33170

    Sponsored
    For Sale
    $3,100,000

    Historic Restaurant, High Traffic US-1

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional restaurant property, located at 21855 S Dixie Hwy in Miami, Florida, presents a unique investment opportunity. Built in 1930, the building boasts a rich history and prime positioning on US-1, ensuring high visibility and foot traffic. The asking price for this retail space is $3,100,000. The property is classified as a restaurant and is situated in Miami-Dade County, Florida, with a zip code of 33170. Its strategic location offers significant potential for a thriving culinary business. The property's coordinates are 25.5633839 latitude and -80.3841273 longitude. Given its established location and historical significance, this property represents a compelling investment for experienced restaurateurs seeking a well-positioned establishment in a vibrant Miami market. The building's age adds character and charm, while its US-1 location guarantees consistent exposure to a large customer base. This is a rare chance to acquire a piece of Miami's culinary history and capitalize on the area's strong commercial activity. Serious inquiries are encouraged to explore this exceptional opportunity further. The property is ready for a new chapter, offering a blank canvas for a creative and successful restaurant venture.

    Property Features for 21855 Dixie Hwy

    General Information

    Property type
    Restaurants

    Building Details

    Year Built
    1930

    HighLights

    • Historic restaurant building for sale at 21855 S Dixie Hwy, Miami, FL 33170.
    • Asking price: $3,100,000.
    • Prime US‑1 location in Miami‑Dade County ensures high visibility and foot traffic.
    • Built in 1930, offering character and charm.
    • Exceptional investment opportunity for experienced restaurateurs.
    Property Profile Location Intelligence

    Current Use by Public Records

    The Shack Reggae Bar Bar Wet Wax City ... Car Wash

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.3841273
    Latitude
    25.5633839

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    FAQs

    What type of property is this?
    Restaurant - Historic Restaurant, High Traffic US-1
    Where is this restaurant located?
    The property is located at 21855 Dixie Hwy Miami, FL.
    What is the asking price?
    The asking price for this property is $3,100,000.
    What are key features of this property?
    This property features: Historic restaurant building for sale at 21855 S Dixie Hwy, Miami, FL 33170.; Asking price: $3,100,000.; Prime US-1 location in Miami-Dade County ensures high visibility and foot traffic.
    Request Owner's contact information
    21855 Dixie Hwy Miami, FL 33170
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    21855 Dixie Hwy
    Miami, FL 33170
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    21855 Dixie Hwy Miami, FL 33170
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