3700 Dixie High Way Miami, FL 33133
- Retail properties
Current Use by Public Records
- Retail properties
Property Details for 3700 Dixie High Way
- Year built
- 1988
- Property type
- Retail properties
- Property subtype
- Grocery and convenience stores
Description
This exceptional retail property, located at 3700 S Dixie Highway in Miami, Florida (zip code 33133), presents a lucrative investment opportunity. The property, a combined convenience store and gas station, boasts a strong financial performance with a reported yearly net profit of $390,000. Built in 1988, the structure is in excellent working condition. The gas station consistently sells approximately 50,000 gallons of gas and diesel per month, at an average price of $0.50 per gallon. The convenience store generates substantial revenue, with net monthly sales of $48,000, further supplemented by $6,000 in monthly net profit from lottery sales and ATM/vacuum services. This high-traffic location in Miami-Dade County ensures consistent customer flow. The business benefits from a steadily growing customer base, with the convenience store showing month-over-month sales increases. The property offers a significant remaining lease term of 20 years, providing long-term stability and return on investment. This is a rare opportunity to acquire a well-established, high-performing retail business in a prime Miami location. The asking price for this turnkey operation is $995,000.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Miami
- County
- Miami-Dade
- State
- Florida
- Longitude
- -80.254
- Latitude
- 25.7323
