12985 W Dixie Hwy, North Miami FL 33161
Retail in North Miami
$2,100,000
n/a
n/a
n/a
Retail, Commercial Sale
Details
Overview
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.
This retail home located at 12985 W Dixie Hwy, North Miami FL 33161 is currently for sale and has been available on Brickellsold for 235 days. This property is listed at $2M. It has N/A beds, N/A bathrooms, and is N/A square feet. It was built in 1956. 12985 W Dixie Hwy, North Miami FL 33161 is in North Miami county Miami-Dade County.
Interior
- Flooring:
- Common walls with other units/homes:
Property
- Parking Features:
- Entry location:
- Exterior Features:
- View Description:
Construction
- Year Built: 1956
Community & HOA
- Security Features:
- Amenities:
Financial
Metadata
Neighborhood Insights
School and crime data are from public sources and are informational only.
Nearby Schools
Within 5 miles
- North Miami Senior High • 0.0 mi • K-12
- North Miami Adult Education • 0.0 mi • K-12
- North Miami Middle • 0.0 mi • K-12
- Arch Creek Elementary • 0.0 mi • K-12
- W.J. Bryan Elementary • 0.0 mi • K-12
- David Lawrence Jr. K-8 Center PLC South Campus • 0.0 mi • K-12
Nearby Hospitals
Within 3 miles
No nearby hospitals found.
Crime Overview
Crime data unavailable for this area.