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    Property profile & analytics

    17625 Dixie Hwy Palmetto Bay, FL 33157-5423

    • Retail residential properties
    • 2,898 SF
    • 1.50 lot acres
    OFF-MARKET
    Value Estimation
    $4,375,000
    Last Sale
    Aug 30, 2024
    $4,500,000
    Location Intelligence
    Property ID
    US18-8475377
    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.

    Current Use by Public Records

    • Retail residential properties

    Property Details for 17625 Dixie Hwy

    Year built
    1960
    Construction
    CONCRETE
    Lot size
    1.50 lot acres
    Property size
    2,898 SF
    Zone code
    4200:MULTI-FAMILY,1 STORY
    Property type
    Retail residential properties
    APN
    33-5032-004-3180
    APU
    3350320043180

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $4,500,000

    • CAP approach

      CAP return
      Estimation
      6%
      $4,150,000
      6.5%
      $4,705,000
      7%
      $4,820,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $3,870,000
      Geo Method
      $4,055,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $3,410,000
      Retail
      $4,455,000
      Mixed-Use
      $3,970,000
      Hospitality
      $4,370,000
      Educational
      $4,230,000
      Residential Income
      $3,885,000
      Energy
      $4,135,000
      Income-Based Land
      $4,385,000
      Food Service
      $3,685,000

    Location Insight

    • Map
    • Local Demand
    City
    Palmetto Bay
    County
    Miami-dade
    State
    Florida
    Longitude
    -80.3488
    Latitude
    25.6048
    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
    $63,351
    $2,949,930
    $918,834
    $3,868,764
    -
    $2,949,930
    $918,834
    $3,868,764

    Comparable in this City

    • Value Estimation by Request
      11,186 SF

      15801 Dixie Hwy

      STORES & APARTMENTS • 11,186 SF
      15801 Dixie Hwy, Palmetto Bay, FL 33157-1837
      View Details
    • Value Estimation by Request
      3,736 SF

      9735 Fern St

      STORES & APARTMENTS • 3,736 SF
      9735 Fern St, Palmetto Bay, FL 33157-5402
      View Details
    • Value Estimation
      $315,000
      240 SF

      18216 102nd Ave

      STORES & APARTMENTS • 240 SF
      18216 102nd Ave, Miami, FL 33157-5219
      View Details
    • Value Estimation
      $310,000
      2,200 SF

      17315 Homestead Ave

      STORES & APARTMENTS • 2,200 SF
      17315 Homestead Ave, Miami, FL 33157-5335
      View Details
    • Value Estimation by Request
      2,582 SF

      18055 97th Ave

      STORES & APARTMENTS • 2,582 SF
      18055 97th Ave, Palmetto Bay, FL 33157-5642
      View Details
    • Value Estimation by Request
      21,330 SF

      9720 184th St

      STORES & APARTMENTS • 21,330 SF
      9720 184th St, Cutler Bay, FL 33157-6988
      View Details

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      Established Retail Business for Sale

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      Prime Miami Medical Office Building

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    Similar Nearby for Lease

    • $35 SF/Yr
      500 SF

      Prime Walker Ave Flex Space

      500 SF Flex Warehouse - Immediate Occupancy
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      View Details
    • $0.01 SF/Yr
      24,000 SF

      Cutler Bay Retail Space For Lease

      High-visibility retail space, 2600 sq ft, ample parking.
      11000 184 St, Cutler Bay, FL 33157
      View Details
    • $1.87 SF/Yr
      40,838 SF

      Palmetto Bay Retail Space For Lease

      1,528 SF Retail Space - Immediate Occupancy
      8950 152 St, Palmetto Bay, FL 33157
      View Details
    • $1.33 SF/Yr
      40,838 SF

      Prime Retail Space, SW Miami

      1086 sq ft, Immediate Occupancy
      8950 152 St, Palmetto Bay, FL 33157
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    • Contact for pricing
      1,250 SF

      Retail Space on South Dixie

      Retail spaces available in Palmetto Bay neighborhood shopping center.
      18055-18093 S Dixie Hwy, Miami, FL 33157
      View Details
    • $2,100 /Mo

      Gated Community Apartment with Balcony

      Two-bedroom apartment in a gated community with pool view.
      11307 SW 200Th St, Miami, FL 33157
      View Details
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    Palmetto Bay, FL 33157-5423
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    Realmo Value Estimation

    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.

    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.

    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
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