13001 S Dixie Hwy Miami, FL 33156
Property profile & analytics
13001 S Dixie Hwy Miami, FL 33156
- Banks
- 8,112 SF
- 1.25 lot acres
Property ID
US18-2110833
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by 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
Property Details for 13001 S Dixie Hwy
- Year built
- 1965
- Construction
- CONCRETE
- Lot size
- 1.25 lot acres
- Property size
- 8,112 SF
- Zone code
- 6200:COMMERCIAL,ARTERIAL
- Property type
- Banks
- APN
- 20-5015-000-0530
- APU
- 2050150000530
Description
This exceptional investment opportunity presents a fee-simple ownership of a brand-new Chick-fil-A restaurant in the affluent Pinecrest area of Miami, Florida. The property boasts a 15-year triple-net (NNN) ground lease commencing October 17, 2024, and expiring October 31, 2039, with ten 5-year renewal options. The 3,585 square foot building sits on a 1.25-acre lot and enjoys 100% occupancy. The lease includes attractive 8% rent bumps every five years, ensuring consistent income growth throughout the lease term and option periods. The current Net Operating Income (NOI) is $410,000, resulting in a 4.00% cap rate. This location benefits from its position within the Miami metropolitan area, a vibrant market with a population exceeding 2.7 million residents. Pinecrest itself is known for its high average household income, exceeding $155,000 within a one-mile radius and projected to reach $178,449 by 2028. The property's strategic location on South Dixie Highway provides excellent visibility and accessibility to over 68,000 vehicles daily. This investment offers a compelling combination of a strong tenant, a long-term lease, and a prime location in a high-growth market. The property is currently under construction, with an anticipated opening in the fourth quarter of 2024.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- ML approach
- $835,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $1,238,000
Market price range: $548k - $1.24M
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Pinecrest
- County
- Miami-dade
- State
- Florida
- Longitude
- -80.3311
- Latitude
- 25.6492
- CBSA code
- 33100
- CBSA name
- MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$174,944
$9,801,000
$10,000
$9,811,000
-
$9,801,000
$10,000
$9,811,000
