Property summary
Southland Mall presents a unique investment opportunity: a substantial 988,025 square foot single-tenant retail space in Miami-Dade County. Built in 1959, this established property boasts a prime location at 20505 South Dixie Hwy, serving as the only enclosed regional mall catering to South Miami-Dade County and the Florida Keys. Its strategic positioning provides exceptional accessibility via Florida Turnpike Exits 11, 12, and 13. High daily traffic counts are a significant advantage, with 44,000 vehicles passing on US1 and an impressive 136,000 on the Florida Turnpike. The surrounding area is densely populated and benefits from the presence of major educational institutions, including Miami-Dade College (nearly 66,000 students and 6,500 employees) and Florida International University (approximately 54,000 students and 11,000 employees), creating a substantial and consistent consumer base. This expansive property offers significant potential for redevelopment or repositioning within a thriving market. The entire space is currently vacant, presenting a blank canvas for a visionary investor or tenant. This is a rare opportunity to acquire a substantial retail presence in a high-traffic, densely populated area of South Florida.
Property profile
VerifiedCap rate & NOI
Current use
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Clothing & Fashion Store (Bike/Boat/Book/etc) Store
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Hospital
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(Bike/Boat/Book/etc) Store
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(Bike/Boat/Book/etc) Store
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(Bike/Boat/Book/etc) Store
Location
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
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
6400:COMMERCIAL,CENTRAL · Cutler Bay, FLZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for 6400:COMMERCIAL,CENTRAL in Cutler Bay, FL.
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Find the owner behind the property.
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