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    21475 Dixie Hwy Miami, FL 33189

    Sponsored
    For Sale
    $5,600,000

    144-Unit Multifamily Land

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 32,185 - 53,185 sq ft land parcel, located at 21475 S Dixie Hwy in Miami, Florida (zip code 33189), presents a prime development opportunity. Zoned 6061 UC CENTER - MIXED USE CORRIDOR (MC) 4 MAX HT, this property is ideally suited for a multifamily project, with permits contingent upon full architectural plan submission. The site boasts an estimated capacity for approximately 144 units. All utilities are conveniently in place, simplifying the development process. The property is economically feasible at fair market value, making it an attractive investment. This location in Cutler Bay, Miami-Dade County, offers a clean environment and benefits from the Live Local Act, positioning it for significant growth. The APN numbers are 30-6007-002-0100, 30-6007-002-0090, 30-6007-002-0080, 30-6007-002-0070, and 30-6007-002-0060. The asking price for this remarkable development opportunity is $5,600,000. Don't miss this chance to capitalize on Cutler Bay's burgeoning growth.

    Property Features for 21475 Dixie Hwy

    General Information

    Property type
    Land

    HighLights

    • 32,185 - 53,185 SF land parcel in Cutler Bay, Miami, FL (33189), APN: 30‑6007‑002‑0100, 30‑6007‑002‑0090, 30‑6007‑002‑0080, 30‑6007‑002‑0070, 30‑6007‑002‑0060.
    • Zoned 6061 UC CENTER - MIXED USE CORRIDOR (MC) 4 MAX HT, suitable for multifamily development (approx. 144 units).
    • All utilities available; permits contingent on architectural plans.
    • Economically feasible at fair market value; asking price: $5,600,000.
    • Prime location in Cutler Bay, benefiting from the Live Local Act and projected growth.
    Property Profile Location Intelligence

    Current Use by Public Records

    Cash Inn South ... Pawn Shop Cape Hope Alcohol ... Rehabilitation Center

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.3802835
    Latitude
    25.567312

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    FAQs

    What type of property is this?
    Land - 144-Unit Multifamily Land
    Where is this land located?
    The property is located at 21475 Dixie Hwy Miami, FL.
    What is the asking price?
    The asking price for this property is $5,600,000.
    What are key features of this property?
    This property features: 32,185 - 53,185 SF land parcel in Cutler Bay, Miami, FL (33189), APN: 30-6007-002-0100, 30-6007-002-0090, 30-6007-002-0080, 30-6007-002-0070, 30-6007-002-0060.; Zoned 6061 UC CENTER - MIXED USE CORRIDOR (MC) 4 MAX HT, suitable for multifamily development (approx. 144 units).; All utilities available; permits contingent on architectural plans.
    (786) 295-3736
    Request Owner's contact information
    21475 Dixie Hwy Miami, FL 33189
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    Miami, FL 33189
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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
    21475 Dixie Hwy Miami, FL 33189
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