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    Property profile & analytics
    OFF-MARKET Estimated value $4,445,000
    Community centers

    20505 Dixie Hwy, Cutler Bay, FL 33189-1229

    516,100 SF 63.35 ac lot Built 1959
    Entity Owned 4-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US18-6029641
    Property summary
    AI-generated overview

    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
    Verified
    Property type Community centers
    Use group MINI-MALL
    Year built 1959
    Construction CONCRETE
    Total area 516,100 SF
    Lot 63.35 ac (2,759,557 SF)
    Zoning code 6400:COMMERCIAL,CENTRAL
    APN 36-6007-020-0020
    UPID US18-6029641
    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
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $4.45M
    Owner & transaction history
    Bh South Dixie Sl Mall LLC · 4 yrs held
    Bh South Dixie Sl Mall LLC
    since 2022
    6 recorded transactions
    2022
    $60.0M
    2022
    2010
    $1.8M
    2008
    2004
    $46.0M
    1969
    Zoning & alternative use
    6400:COMMERCIAL,CENTRAL · Cutler Bay, FL
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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