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$1,550,000
Est. payment /mo
4,080 SqFt
UPDATED:
09/30/2024 09:16 PM
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 4,080 sqft
Price per Sqft $379
MLS Listing ID A11580564
Style Detached
HOA Y/N No
Year Built 1954
Lot Size 0.317 Acres
Property Description
An opportunity to purchase a free-standing retail building on one of the most trafficked areas of W Dixie HWY, one
of Miami’s busiest streets. 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. Currently grossing about $84,000 this property is best
seen as a soli1d 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.
of Miami’s busiest streets. 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. Currently grossing about $84,000 this property is best
seen as a soli1d 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.
Location
State FL
County Miami-dade
Area 22
Exterior
Waterfront No
Total Parking Spaces 8
Building
Story 1
Architectural Style Detached
Level or Stories One
Others
Tax ID 06-22-20-000-0382
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Listed by APEX Capital Realty LLC