- MLS® #: A11897492
- 12985 W Dixie Hwy
- North Miami, FL 33161-4809
- $2,000,000
- Business
Stabilized 7-Unit Retail Investment | 6.66% Cap | Value-Add Offered at $2,000,000, this fully leased neighborhood retail center sits on a high-visibility corner at 12985 W Dixie Hwy in North Miami. The 7,742 SF building offers strong frontage, parking, and steady traffic exposure. The property generates $146,936 gross income with an estimated $133,249 NOI, reflecting a 6.66% cap rate. All seven units are leased to established tenants on 2–3 year terms, providing stable cash flow with near-term upside. Several rents are below market, offering repositioning potential, and one underperforming unit presents additional value-add opportunity. Built in 1956, zoned 6600, and surrounded by ongoing development. Detailed rent roll and financials available with NDA.
View Virtual TourEssential Information
- MLS® #A11897492
- Price$2,000,000
- CAD Dollar$2,746,300
- UK Pound£1,499,362
- Euro€1,725,998
- Bathrooms0.00
- Year Built1956
- TypeBusiness
- Sub-TypeRetail
- StatusActive
Community Information
- Address12985 W Dixie Hwy
- Area22
- CityNorth Miami
- CountyMiami-Dade
- StateFL
- Zip Code33161-4809
Interior
- CoolingCentral Air
- # of Stories1
- StoriesOne
Exterior
- WindowsImpact Glass
- Office: Fortune Christie's Intl R.e.
Property Location
12985 W Dixie Hwy on www.jupiteroceanfronthomes.us
Offered at the current list price of $2,000,000, this home for sale at 12985 W Dixie Hwy features bedrooms and 0 bathrooms. This real estate listing is located in of North Miami, FL 33161-4809 . 12985 W Dixie Hwy is listed under the MLS ID of A11897492 and has been on the North Miami real estate market for 144 days.Similar Listings to 12985 W Dixie Hwy
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