Commercial Real Estate in Surfside available for sale
Surfside 1031 Exchange Properties For Sale

1031 Exchange Properties for Sale within 10 kilometers of Surfside, FL, USA

More details for 12985-12997 W Dixie Hwy, North Miami, FL - Retail for Sale

12985-12997 W Dixie Hwy

North Miami, FL 33161

  • 1031 Exchange Property
  • Retail for Sale
  • $2,712,200 CAD
  • 5,257 SF
  • 24 Hour Access
  • Restaurant
  • Smoke Detector

North Miami Retail for Sale - Northeast Dade

A premier opportunity to acquire a fully stabilized, 100% occupied Class B retail center situated on the high-traffic W Dixie Highway corridor in North Miami. Priced at $2,000,000, this asset represents a "value-add" play where the value is not found in heavy construction, but in immediate rental upside. All seven storefronts are occupied by long-term tenants currently paying below-market rents, providing a guaranteed path to increased Net Operating Income (NOI) as leases renew through 2028. Property Condition & Specifications The building consists of approximately ± 5,900 SF of rentable space on a 7,742 Sq.Ft. corner lot. It features durable concrete-block construction and has been exceptionally well-maintained, notably boasting a brand-new roof and central individual air conditioning for each unit. • Zoning: BU-1A (Limited Business District), allowing for a wide range of commercial uses. • Infrastructure: Serviced by public water and sanitation. • Parking: Ample front-facing parking with prime visibility and signage along a major commercial artery. Financial Performance & "Upside" Narrative The property is a high-efficiency investment with minimal landlord responsibilities, limited primarily to real estate taxes (13,687/yr)**andinsurance,totalingapproximately**38,000 in annual operating expenses. The investment is currently positioned with a strong entry yield that scales significantly: • Current State: Generating **144,000inannualrent**fora**5.3106,000 NOI). • Stabilized Potential: Projected 7.0% Cap Rate ($139,000 NOI). • Market Potential: Fully adjusted market rents could yield an 8.7% Cap Rate, pushing the NOI to $174,400. This financial progression makes the asset particularly attractive for 1031 Exchange investors seeking a stable "safe-haven" property with built-in growth. Strategic Location & Market Context Located at 12985 W Dixie Hwy, the property sits in one of Miami’s fastest-growing submarkets. This high-visibility retail corridor serves as a vital link connecting Downtown Miami, Miami Shores, and Aventura. The site benefits from excellent accessibility to I-95 and Biscayne Blvd, placing it in the path of ongoing residential and retail redevelopment that continues to drive long-term property appreciation and population density.

Contact:

Fortune Christies International Real Estate

Property Subtype:

Storefront

Date on Market:

2025-10-20

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More details for 1057-1067 NW 119th St, Miami, FL - Retail for Sale

119th Plaza - 1057-1067 NW 119th St

Miami, FL 33168

  • 1031 Exchange Property
  • Retail for Sale
  • $4,475,130 CAD
  • 9,300 SF
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More details for 6130 NE 4th Ct, Miami, FL - Industrial for Sale

6130 NE 4th Ct

Miami, FL 33137

  • 1031 Exchange Property
  • Industrial for Sale
  • $5,153,180 CAD
  • 7,000 SF
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More details for 14444 W Dixie Hwy, Miami, FL - Specialty for Sale

Self-Storage - 14444 W Dixie Hwy

Miami, FL 33161

  • 1031 Exchange Property
  • Specialty for Sale
  • $7,458,550 CAD
  • 14,184 SF
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More details for 710 NW 81st St, Miami, FL - Land for Sale

Little River 81 - 710 NW 81st St

Miami, FL 33150

  • 1031 Exchange Property
  • Land for Sale
  • $3,390,250 CAD
  • 0.50 AC Lot
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More details for 5020 Biscayne Blvd, Miami, FL - Specialty for Sale

5020 Biscayne Blvd

Miami, FL 33137

  • 1031 Exchange Property
  • Specialty for Sale
  • $33,902,499 CAD
  • 13,956 SF
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1031 Exchange Properties For Sale

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