12985 W Dixie Hwy , North Miami, FL 33161
  • $2,100,000
  • $2,000,000

Overview

Property ID: MSA11897492
  • Retail, Commercial Sale
  • Property Type
  • 7742 Sqft
  • Area Size
  • 1956
  • Year Built

Description

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.

  • Address: 12985 W Dixie Hwy
  • City: North Miami
  • State/county: FL
  • Zip/Postal Code: 33161

Details

Updated on April 16, 2026 at 8:02 pm
  • Property ID MSA11897492
  • Price $2,100,000
  • Property Size 7742 Sqft
  • Garage Size x x
  • Year Built 1956
  • Property Type Retail, Commercial Sale
  • Property Status Active
  • MLS# A11897492

Additional details

  • Listing Terms Cash
  • Sewer Public Sewer
  • Cooling Central Air
  • County Miami-Dade
  • Property Type Commercial Sale

Mortgage Calculator

Schedule a Tour

Your information

360° Virtual Tour

Contact Information

View Listings
Montesol Realty Inc

Enquire About This Property

0 Review

Sort by:
Leave a Review

Leave a Review

Similar Listings

Compare listings

Compare

Mortgage Calculator