Price History

$2,000,000
10/27/2025

$2,100,000
4/16/2026


12985 W Dixie Hwy, North Miami, FL, 33161

12985 W Dixie Hwy, North Miami, FL, 33161

1956

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.


Status:

Active

Type:

Commercial

Units:

7

Zoning:

6600

Cooling:

Central Air

Est. Taxes:

$13,687

Days on Market:

171

Lease Term Type:

36 Months

MLS #:

A11897492


Community Info

School Info

Walk Score

Yelp


Listing courtesy of Fortune Christie's Intl R.E. 305-856-2600