19993 S Dixie Hwy, Cutler Bay, FL 33157

  • $3,500,000
19993 S Dixie Hwy, Cutler Bay, FL 33157
For Sale
19993 S Dixie Hwy, Cutler Bay, FL 33157
  • $3,500,000

Overview

Property ID: HZ12185727
  • CommercialSale
  • Property Type
  • 8521.0
  • Sqft
  • 1980
  • Year Built

Description

Investment opportunity in Cutler Bay. The offering consists of one acre+ parcel on Caribbean Blvd and So Dixie Hwy. There are currently two long-term tenants on a NNN lease, a CAP rate of 7%. You will find significant development within walking distance of the site, The Southland Shopping Center $1B redevelopment, and the recently approved 760-unit development at 19500 So Dixie. Zoning recently changed in the Town Center District, allowing 250 residential units per acre. The zoning for this parcel is 50 units per acre.

  • Address 19993 S Dixie Hwy
  • City Cutler Bay
  • State/county FL
  • Zip/Postal Code 33157
  • Country United States

Details

Updated on August 31, 2023 at 6:06 am
  • Property ID: HZ12185727
  • Price: $3,500,000
  • Property Size: 8521.0 Sqft
  • Land Area: 45782.0 Sqft
  • Year Built: 1980
  • Property Type: CommercialSale
  • Property Status: For Sale
  • MLS#: A11329338
  • Office Name: COLDWELL BANKER REALTY
  • Agent Name: Rosy Cancela
  • MLS Status: Active

Additional details

  • Roof: Other
  • Sewer: PublicSewer
  • Cooling: CentralAir
  • Heating: Central,Electric
  • Tax Annual: 44830
  • Flooring: Carpet,CeramicTile
  • County: Miami-Dade County
  • Property SubType: Business
  • Parking: Guest
  • Water Source: Public

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Shafique Ahmad
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