20462-20500 Dixie Hwy Cutler Bay, FL 33189
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.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.