Price Reduced 10.85%

$11,500,000

Est. Mortgage $55,159/mo *

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Price History

$12,900,000
4/21/2025

$11,500,000
7/14/2025

22825 S Dixie Hwy, Miami, FL, 33170

22825 S Dixie Hwy, Miami, FL, 33170
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Incredible covered land play or redevelopment opportunity on So Dixie Hwy, between Cutler Bay and Homestead, on SW 124 Avenue. This 2+ acre BU-3 zoned site is currently leased to small car dealers.BU-3 zoning, while excluding office use, does allow Wholesale Facilities, Spot commercial, Strip commercial, and neighborhood shopping centers. This liberal commercial zoning allows for the possibility of applying the Live Local Act, which would facilitate residential use as part of the redevelopment. The Florida Live Local Act aims to address the state's affordable housing crisis by providing various incentives and opportunities for developers to create workforce housing. It offers funding, land-use flexibility, and tax benefits to encourage the construction of affordable rental housing units.

Status:

Active

Type:

Land (Commercial)

Zoning:

6600

Subdivision:

SILVER PALM PARK

Acreage:

2.5

Est. Taxes:

$28,767

Utilities

Electricity Available,Phone Available,Trash Collection,Water Available

Days on Market:

84

MLS #:

A11787665

Community Info

School Info

Walk Score

Yelp

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Listing courtesy of COLDWELL BANKER REALTY 305-672-6300