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    Property profile & analytics
    OFF-MARKET Estimated value $7,390,000
    Community centers

    20811 Dixie Hwy, Miami, FL 33189-2217

    111,488 SF 5.57 ac lot Built 1993
    Entity Owned 12-yr Hold ~ Est. High Equity
    Property ID
    US19-0714035
    Property summary
    AI-generated overview

    This prime Cutler Bay retail property, located at 20811 S Dixie Hwy (US-1 & SW 12th Avenue), Miami, FL 33189, offers 110,240 total square feet, with 12,000 square feet currently vacant. The property boasts excellent visibility and street frontage on a busy highway, with ample parking. Two available spaces range from 12,100 to 15,000 square feet, ideal for a variety of retail uses. The plaza benefits from a shadow anchor, Publix Supermarkets, and enjoys a highly desirable location adjacent to Southland Mall, the area's largest mall. Major retailers such as Target and Walmart are in close proximity, ensuring high foot traffic and brand recognition. The property's convenient location, less than a mile from the Turnpike, provides easy access for customers and employees. This power center presents a unique opportunity for businesses seeking high visibility and a strong customer base in a thriving Miami-Dade County submarket. The property's size and location make it an exceptional investment opportunity in a densely populated area with significant consumer spending.

    Property profile
    Verified
    Property type Community centers
    Use group MINI-MALL
    Year built 1993
    Construction CONCRETE
    Total area 111,488 SF
    Lot 5.57 ac (242,508 SF)
    Zoning code 6063
    APN 30-6007-000-0043
    UPID US19-0714035
    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
    • L&Y BEAUTY STUDIO Hair Salon Nail Salon
    • Beauty EXPO ‘The Hair, Beauty & Barber Supply Warehouse’ OPEN TO THE PUBLIC Cosmetic 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
    $7.39M
    Owner & transaction history
    Ms Shopping Center LLC · 12 yrs held
    Ms Shopping Center LLC
    since 2013
    7 recorded transactions
    2020
    2016
    2013
    $26.9M
    2006
    $12.0M
    1969
    1969
    1969
    Zoning & alternative use
    6063 · Miami, FL
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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