14951 Dixie Hwy Palmetto Bay, FL 33176-7929
Property summary
This exceptional freestanding retail warehouse, located at 14951 S Dixie Hwy in Miami, Florida, presents a compelling investment opportunity. The property boasts a highly visible US-1 frontage in the thriving Palmetto Bay area, offering unparalleled exposure to a large customer base. With a total area of 10,500 square feet situated on a sizable 0.57-acre lot, this versatile space is perfectly suited for a variety of retail uses, including convenience stores, grocery stores, and pharmacies. Currently vacant, this property allows for immediate occupancy and customization to meet specific business needs. The building features 34 dedicated parking spaces, ensuring ample customer and employee parking, and convenient street-level loading facilities for efficient operations. Safety and comfort are prioritized with an existing HVAC system and a dry fire sprinkler system already in place. The asking price for this owner-user investment opportunity is $4,750,000. The property's prime location, ample space, and excellent amenities make it an ideal choice for entrepreneurs and investors seeking a high-impact retail presence in a dynamic South Florida market. The property is zoned for convenience store, grocery store, and pharmacy/drug uses. This single-tenancy building is ready for immediate occupancy. The zip code is 33176, located in Miami-Dade County.
Property profile
VerifiedCap rate & NOI
Current use
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(Bike/Boat/Book/etc) Store
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Party Supply Store (Bike/Boat/Book/etc) Store
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Big Box & Wholesale Store
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Hat Shop
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(Bike/Boat/Book/etc) Store
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
6100:COMMERCIAL,NEIGHBRHD · Palmetto Bay, FLZoning
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Zoning designation
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The district profile from the municipal source: what is on file for 6100:COMMERCIAL,NEIGHBRHD in Palmetto Bay, FL.
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