16955 Dixie Hwy North Miami Beach, FL 33160
This exceptional retail opportunity in North Miami Beach, Florida, presents 26,000 square feet of vacant space within a four-building complex situated on a three-acre lot at 16955 W Dixie Hwy, 33160. The property boasts 184 total parking spaces, offering ample convenience for customers. Currently undergoing a complete transformation, this location will become a vibrant dining, showroom, and fitness destination. The development will feature approximately 45,000 square feet of retail space with innovative designs that seamlessly integrate indoor and outdoor areas, including second-floor terraces and attractive landscaping. The property is conveniently located at the intersection of West Dixie Highway and Biscayne Boulevard, providing excellent accessibility to major roadways. Spaces are divisible to a minimum of 2,500 square feet, with a maximum contiguous space of 9,000 square feet available. This is an unparalleled chance to establish a presence in a rapidly developing area, benefiting from the planned upgrades and prime location within Miami-Dade County. The property's strategic positioning and planned enhancements promise high visibility and significant foot traffic, making it an ideal location for a variety of retail businesses. The planned pedestrian-friendly walkways and green spaces will further enhance the appeal and create a welcoming atmosphere for patrons. This is a unique opportunity to be part of a dynamic and exciting retail development in a high-growth area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
6300:COMMERCIAL,RESTRICT · North Miami Beach, FLCosts & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.