Property profile

20811 S Dixie Hwy Miami, FL 33189

FOR SALE
Community centers
Property ID
US19-0714035
111,488 SF 5.57 ac lot Built 1993
Entity Owned 12-yr Hold ~ Est. High Equity
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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

Current use

Occupant on record · Public records
  • Hair Salon Nail Salon
  • Cosmetic Store

Location

20811 S Dixie Hwy Miami, FL 33189
Miami metro Census 10501 MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
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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

since 2013
7 recorded transactions
2020
Price N/A
2016
Price N/A
2013
$26.9M
2006
$12.0M
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

6063 · Miami, FL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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