Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    13455 Dixie Hwy North Miami, FL 33161-4136
    Back to Search
    Property profile & analytics

    13455 Dixie Hwy, North Miami, FL 33161-4136

    View on Map
    • Outlet malls
    • 3,290 SF
    • 0.37 lot acres
    Off-Market
    Last Sale Apr 23, 2022
    $1,350,000
    Property ID
    US18-2804513
    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.
    Value Estimations
    $1,280,000
    Show details
    Cap Rate Potential
    9.1%
    Outlet malls
    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 13455 Dixie Hwy

    Year built
    1961
    Construction
    CONCRETE
    Lot size
    0.37 lot acres
    Zone code
    6100:COMMERCIAL,NEIGHBRHD
    Property type
    Outlet malls
    Property subtype
    Shopping centers
    APN
    06-2229-049-2180
    APU
    622290492180

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Apr 23, 2022 — Providence Community Center LLC North Miami Strategies LLC Quit Claim Deed · related —
    Apr 19, 2022 $1,350,000 North Miami Strategies LLC Innelle P Simons Personal Representative Deed $1M · Taylor Made Lending LLC
    Jun 17, 2020 — Joseph I Pierre Illise Pierre Quit Claim Deed · related —
    May 19, 2020 — Joseph I Pierre Illise Pierre Quit Claim Deed · related —
    Oct 4, 2017 $750,000 Illise Pierre Keystone Partner Ents INC Warranty Deed —
    Jul 28, 2016 — Keystone Partner Ents INC — Trustees Deed · related $500k · Ingrid Hoffman
    Apr 5, 2004 — Keystone Partner Enterprises Taylor,peter A Quit Claim Deed · related —
    May 24, 2001 $400,000 Edge Investments LLC Taylor,peter Grant Deed —

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $1,175,000
      ML approach
      $1,255,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $1,790,000
      6.5%
      $1,650,000
      7%
      $1,535,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $957,000
      Market price range: $622k - $1.21M

    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $860,000
      Current use
      MEDICAL BUILDING
      $1,445,000
      Change: +68% Conversion: Difficult
      OFFICE BUILDING
      $1,070,000
      Change: +25% Conversion: Easy
      WAREHOUSE, STORAGE
      $980,000
      Change: +14% Conversion: Difficult
      NEIGHBORHOOD: SHOPPING CENTER
      $935,000
      Change: +9% Conversion: Moderate

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    North Miami
    County
    Miami-dade
    State
    Florida
    Longitude
    -80.179
    Latitude
    25.8991
    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
    $15,755
    $532,000
    $175,653
    $707,653
    -
    $532,000
    $175,653
    $707,653

    Comparable in this City

    • Value Estimation
      $835,000
      3,334 SF

      1300 125th St

      WHOLESALE OUTLET, DISCOUNT STORE
      1300 125th St, North Miami, FL 33161-5938
      View Details
    • Value Estimation
      $1,400,000
      15,056 SF

      1450 123rd St

      WHOLESALE OUTLET, DISCOUNT STORE
      1450 123rd St, North Miami, FL 33161-6083
      View Details
    • Value Estimation
      $3,560,000
      15,360 SF

      14500 Dixie Hwy

      WHOLESALE OUTLET, DISCOUNT STORE
      14500 Dixie Hwy, Miami, FL 33161-3031
      View Details
    • Value Estimation
      $2,040,000
      7,424 SF

      11099 Biscayne Blvd

      WHOLESALE OUTLET, DISCOUNT STORE
      11099 Biscayne Blvd, Miami, FL 33161-7478
      View Details
    • Value Estimation
      $1,365,000
      5,250 SF

      13033 Dixie Hwy

      WHOLESALE OUTLET, DISCOUNT STORE
      13033 Dixie Hwy, North Miami, FL 33161-4951
      View Details
    • Value Estimation by Request
      4,688 SF

      13886 Dixie Hwy

      WHOLESALE OUTLET, DISCOUNT STORE
      13886 Dixie Hwy, North Miami, FL 33161-3343
      View Details

    Similar Nearby for Sale

    • $2,100,000
      7,742 SF

      North Miami Retail Investment Opportunity

      Fully leased retail center with value-add potential in North Miami.
      12985 W Dixie Hwy, North Miami, FL 33161
      View Details
    • $1,995,000
      2,400 SF

      Miami Pizza Hut - Net Lease

      Prime QSR, high traffic, redevelopment potential.
      12699 6 Ave, North Miami, FL 33161
      View Details
    • Contact for pricing
      2,000 SF

      Established Auto Repair Business

      Auto repair business for sale in a central location.
      1430 NE 131St Rd, North Miami, FL 33161
      View Details
    • Contact for pricing

      North Miami Auto Shop Opportunity

      Auto shop and land for sale in North Miami.
      1420 NE 131St Rd, North Miami, FL 33161
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      2,242 SF

      Retail Center on SR-922

      Retail center with high traffic frontage in North Miami.
      859 Ne 125Th St, North Miami, FL 33161
      View Details
    • Contact for pricing
      800 SF

      North Miami Retail/Office Space

      Located in the heart of North Miami on busy 125th.
      927-955 NE 125Th St, North Miami, FL 33161
      View Details
    • Contact for pricing
      1,350 SF

      Retail Space in North Miami

      Retail space available for lease in North Miami, Florida.
      823 NE 125Th St, North Miami, FL 33161
      View Details
    • Contact for pricing
      4,000 SF

      North Miami Retail Space Available

      Retail space available in North Miami's business corridor.
      870 NE 125Th Ter, North Miami, FL 33161
      View Details
    • Contact for pricing

      Retail Space on Dixie Hwy

      Prime retail space ideal for smoke shop or similar businesses.
      13639 W Dixie Hwy, North Miami, FL 33161
      View Details
    • Contact for pricing
      2,200 SF

      North Miami Retail Space Available

      Retail space for rent in North Miami, Florida.
      805 NE 125Th St, North Miami, FL 33161
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    13455 Dixie Hwy
    North Miami, FL 33161-4136
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    13455 Dixie Hwy, North Miami, FL, 33161
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!