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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

20462-20500 Dixie Hwy Cutler Bay, FL 33189

Built 1964
Property ID
Property summary
AI-generated overview

This exceptional Cutler Bay retail investment property, located at 20462-20500 S Dixie Hwy, presents a compelling opportunity for discerning investors. The property boasts two buildings totaling 10,776 square feet situated on a substantial 26,004 square foot lot. One building is an 8,584 square foot retail strip center, while the second is a 2,192 square foot freestanding restaurant. This fully-leased property enjoys a prime location on high-traffic US-1, directly across from Southland Mall, ensuring consistent visibility and foot traffic. The property's strong financial performance is evidenced by its annual net operating income (NOI) of $210,000. Built in 1964, this property offers significant value-add potential and redevelopment opportunities for investors seeking to enhance income streams or capitalize on the thriving commercial corridor's future growth. The asking price is $3,500,000. This is an ideal investment for those seeking a stable, high-performing asset with considerable upside potential in a desirable South Florida location. The property is located in Miami-Dade County, Florida, with a zip code of 33189.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1964
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Isalis (Bike/Boat/Book/etc) Store
  • Party City Party Supply Store (Bike/Boat/Book/etc) Store
  • Skunk Funk Big Box & Wholesale Store
  • Carl's Trading Co Hat Shop
  • Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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