Property profile & analytics
2720 Dixie Hwy Miami, FL 33133-3786
- Outlet malls
- 18,949 SF
- 1.45 lot acres
OFF-MARKET
Value Estimations
$9,345,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US18-5364232
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Current Use by Public Records
- Verizon / Mobile Phone Store / Electronics & Wireless Store
- K&U INC / Restaurant
- TCBY Frozen Yogurt / Cafe & Coffee Shop
- i.d. SPOT / (Bike/Boat/Book/etc) Store / Pet Store & Service
- Z&CFixing Glass Doors / Roofing Company / General Contractor
Property Details for 2720 Dixie Hwy
- Year built
- 1994
- Construction
- CONCRETE
- Lot size
- 1.45 lot acres
- Property size
- 18,949 SF
- Zone code
- 6100:COMMERCIAL,NEIGHBRHD
- Property type
- Outlet malls
- Property subtype
- Shopping centers
- APN
- 01-4116-078-0030
- APU
- 141160780030
Description
This exceptional retail storefront, located at 2720 S Dixie Highway in Miami, Florida, presents a unique opportunity. Boasting 18,949 square feet across a single story building, this property features eight individual suites, with only 1,407 square feet currently vacant. The building underwent renovations in 1994 and sits on a substantial 63,190 square foot lot. The property's prime location on S Dixie Highway in the Coconut Grove submarket of South Miami offers excellent visibility and accessibility. Abundant on-site surface parking is available for customers and tenants. The property's address is 2720 S Dixie Highway, Miami, FL 33133. This is the last remaining space in the building, making it a highly sought-after opportunity for businesses seeking a prominent presence in this vibrant and desirable area. The property is classified as a multi-tenant retail storefront. This is a rare chance to secure a well-situated retail space in a thriving Coconut Grove commercial district.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $10,305,000
- 6.5%
- $9,510,000
- 7%
- $8,830,000
-
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $11,265,000 Current use
- RESTAURANT
- $14,050,000 Change: +25% Conversion: Easy
- AUTO REPAIR, GARAGE
- $12,390,000 Change: +10% Conversion: Difficult
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Miami
- County
- Miami-dade
- State
- Florida
- Longitude
- -80.2395
- Latitude
- 25.739
- CBSA code
- 33100
- CBSA name
- MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$171,990
$6,319,000
$3,181,000
$9,500,000
-
$6,319,000
$3,181,000
$9,500,000
