13639 W Dixie Highway, North Miami, FL

Retail for Sale - $1,650,000 - 4,080 Sq. Ft. on 0.37 acres


Agent Info

Brian Zoberg

Property Info

CIMLS#1137220
Location
  13639 W Dixie Highway
  North Miami FL 33161
UpdatedFebruary 22nd, 2024
TypeRetail
Price$1,650,000
Building4,080 Sq. Ft.
Land0.37 acres

Property Description

Rare opportunity to purchase a free-standing subdivided retail building on one of the most heavily traveled areas of North East Dade, Miami. Falling under multiple overlays the site allows for an increased density of 100 dwelling unit to the acre, allowing for a max of 32 units on this site. Approval and plans already in place. Renderings available for qualified prospects. Currently rented to 4 retail tenants who are on month to month leases and paying below market rent. This property is best seen as a solid covered land play for a developer looking to ultimately take advantage of the strong redevelopment incentives while capitalizing on the in-place income for short-term or stable annual rentals in the meantime as the neighborhood continues to grow and thrive.


Financials



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