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14951 Dixie Hwy Palmetto Bay, FL 33176-7929

OFF-MARKET Outlet malls Google Maps
10,954 SF 0.57 ac lot Built 1966
Entity Owned ~ Est. High Equity
Estimated value (blended)
$4.15M
Range $3.73M – $4.56M (±10%)
Property ID US18-4140146

Property summary

AI-generated overview

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

Verified
Property type Outlet malls
Use group WHOLESALE OUTLET, DISCOUNT STORE
Year built 1966
Construction CONCRETE
Total area 10,954 SF
Lot 0.57 ac (24,800 SF)
Zoning code 6100:COMMERCIAL,NEIGHBRHD
APN 33-5021-016-0030
UPID US18-4140146

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store
  • Party Supply Store (Bike/Boat/Book/etc) Store
  • Big Box & Wholesale Store
  • Hat Shop
  • (Bike/Boat/Book/etc) Store

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$4.42M
CAP Approach CAP
$5.50M
Comparable Approach Comparable
by Request
Blend (final) Blend
$4.15M

Owner & transaction history

since 2026
Last sale
$3.9M
7 recorded transactions
2026
$4.3M
2023
Price N/A
2021
$3.9M
2017
Price N/A
2013
Price N/A
2012
$1.6M
2008
Price N/A

Zoning & alternative use

6100:COMMERCIAL,NEIGHBRHD · Palmetto Bay, FL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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