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LAND/ OFFICE 13255 W Dixie Hwy 927 SF Retail Building North Miami, FL 33161 $2,058,982 CAD ($2,221.12 CAD/SF)
INVESTMENT HIGHLIGHTS
- Max Height: 9 Stories
- Max Density: 35 Units (Not Including Live Local)
EXECUTIVE SUMMARY
APEX Capital Realty is pleased to present 13255 W. Dixie Highway, a prime development site anchored by an existing 850 SF office on 19,005 SF (0.44 acre) of C-1-zoned land along one of Miami’s highest-traffic corridors. Falling under multiple overlays, the parcel supports up to 100 DU/ acre (max. 35 units) with nearly 28,993 SF of buildable area. C-1 zoning accommodates a broad spectrum of uses—residential, office, retail, restaurants, live/work studios, and more.
The property is currently occupied by a limousine operator who will vacate upon closing, delivering immediate vacant possession. This allows an owner-user to immediately relocate operations, or enables an investor/developer to generate interim income by leasing the existing office and paved, fenced lot prior to redevelopment.
Conservatively, the site can be leased at $5.50 NNN per SF of land area, generating an NOI of approximately $105,000. This allows an investor to secure steady cash flow, or a developer to collect income and offset carrying costs while advancing plans to go vertical in one of South Florida’s fastest-growing neighborhoods.
The property is currently occupied by a limousine operator who will vacate upon closing, delivering immediate vacant possession. This allows an owner-user to immediately relocate operations, or enables an investor/developer to generate interim income by leasing the existing office and paved, fenced lot prior to redevelopment.
Conservatively, the site can be leased at $5.50 NNN per SF of land area, generating an NOI of approximately $105,000. This allows an investor to secure steady cash flow, or a developer to collect income and offset carrying costs while advancing plans to go vertical in one of South Florida’s fastest-growing neighborhoods.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
927 SF
Building Class
C
Year Built
1954
Price
$2,058,982 CAD
Price Per SF
$2,221.12 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
0.44 AC
Zoning
C-1 - Commercial Liberal
Frontage
50’ on Dixie Hwy
AMENITIES
- Courtyard
- Security System
- Storage Space
- Air Conditioning
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Admiral Limousine Service
- Transportation and Warehousing
- -
- -
- -
- Mohammad Shokripour
- -
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Admiral Limousine Service | Transportation and Warehousing | - | - | - | ||
| Mohammad Shokripour | - | - | - | - |
Walk Score®
Very Walkable (83)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 CAD | |
| Land Assessment | $0 CAD | Total Assessment | $674,872 CAD |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$674,872 CAD
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LAND/ OFFICE | 13255 W Dixie Hwy
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