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Property profile & analytics
FOR LEASE
Outlet malls
19401 W Dixie Hwy Miami, FL 33180
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US18-2860987
For Lease
1 / 5
$6,000,000
19401 W Dixie Hwy, Miami, FL 33180
View Listing →
Property summary
AI-generated overview
This exceptional single-tenant retail space, located at 19401 W Dixie Hwy in Miami, Florida, 33180, offers 1,092 square feet of versatile commercial space. Situated on the ground floor for optimal visibility and accessibility, this property is ideally suited for a variety of retail or office uses. The "Avida Aventura" space is categorized as both retail and office, making it a flexible option for businesses seeking a high-traffic location. Its single-tenant occupancy ensures exclusive use and control of the premises. The property's location in Miami, Florida, provides access to a thriving market and diverse customer base. The precise coordinates are 25.9544088 latitude and -80.1484726 longitude. This presents a unique opportunity for businesses seeking a prominent storefront in a bustling area of Miami. The property's classification as both retail and showroom space further enhances its adaptability to various business models. Serious inquiries are encouraged to explore the potential of this exceptional commercial property. Contact us today to schedule a viewing and discuss your business needs.
Property profile
Verified
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Year built
1984
Construction
CONCRETE
Total area
27,418 SF
Lot
1.46 ac (63,750 SF)
Zoning code
6200:COMMERCIAL,ARTERIAL
APN
36-6005-058-0010
UPID
US18-2860987
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · 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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$6.00M
CAP Approach
CAP
$7.38M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$6.00M
Owner & transaction history
Mmg Village Square LLC · 2 yrs held
Mmg Village Square LLC
since 2024
Last sale
$6.0M
4 recorded transactions
Zoning & alternative use
6200:COMMERCIAL,ARTERIAL · Cutler Bay, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Miami submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Miami submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$6,000,000
ML approach
$6,000,000
CAP Approach
CAP Return
Estimation
6%
$7,990,000
6.5%
$7,375,000
7%
$6,850,000
Blend value · Realmo final
$6.00M
Range $5.40M – $6.60M · ±10% · vs last sale $6.00M (Jun 18 2024)
Last sale anchor
$6.00M
Jun 18 2024
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$219 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$94,110
Tax year 2023
Assessed value
$5,649,000
Assessed 2023
Previous assessed
$5,500,000
+2.7% YoY
Effective rate
1.67%
On assessed value
Assessed land
$4,143,750
Assessed improvement
$1,505,250
Land market value
$4,143,750
Improvement market value
$1,505,250
Total market value
$5,649,000
Applied tax rate
3,600.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Status
For Lease
Year built
1984
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Stories
1
Total area
27,418 SF
Lot
1.46 ac (63,750 SF)
Zoning code
6200:COMMERCIAL,ARTERIAL
APN
36-6005-058-0010
UPID
US18-2860987
Jurisdiction
DADE
Metro division
MIAMI-MIAMI BEACH-KENDALL, FL METROPOLITAN DIVISION
Zoning & alternative use
6200:COMMERCIAL,ARTERIAL · Cutler Bay, FL
Zoning 6200:COMMERCIAL,ARTERIAL · permitted uses
6200:COMMERCIAL,ARTERIAL · Cutler Bay, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Cutler Bay. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1984
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Lot
1.46 ac
Current owner
From public records · entity-resolved
Mmg Village Square LLC
Entity
Mailing address
406 NW 22ND AVE APT #203, MIAMI, FL 33125-3367
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 18, 2024
$6,000,000
Mmg Village Square LLC
Village Square South Partners LLC
Special Warranty Deed
—
May 15, 2013
$3,725,000
Village Square South Ptrs LLC
Village Square South LLC
Grant Deed
$2,607,500 · Village Square South LLC
Oct 30, 2000
$150,000
John O Sutton Trustee
Dzv Cutler LLC
Grant Deed
—
Sep 15, 1999
$2,050,000
Dzv Cutler LLC
Village Squares Shopping Plaza
Grant Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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