12985 W Dixie Hwy , North Miami, FL 33161
- $2,100,000
- $2,000,000
- $2,100,000
- $2,000,000
Overview
- Retail, Commercial Sale
- 7742 Sqft
- 1956
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
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Address: 12985 W Dixie Hwy
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City: North Miami
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State/county: FL
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Zip/Postal Code: 33161
Details
Updated on April 16, 2026 at 8:02 pm-
Property ID MSA11897492
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Price $2,100,000
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Property Size 7742 Sqft
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Garage Size x x
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Year Built 1956
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Property Type Retail, Commercial Sale
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Property Status Active
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MLS# A11897492
Additional details
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Listing Terms Cash
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Sewer Public Sewer
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Cooling Central Air
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County Miami-Dade
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Property Type Commercial Sale
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