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Rare opportunity to purchase a retail building in North East Dade, Miami
$2,100,000
For sale
9638
Property ID
4,080 SqFt
Size
Description
Rare opportunity to purchase a free-standing subdivided retail building on one of the most heavily traveled areas of North East Dade, Miami.
Falling under multiple overlays the site allows for an increased density of 100 dwelling unit to the acre,
allowing for a max of 32 units on this site.
Approval and plans already in place.
Renderings available for qualified prospects.
Currently rented to 4 retail tenants who are on month to month leases and paying below market rent.
This property is best seen as a solid covered land play for a developer looking to ultimately take advantage of the strong redevelopment incentives while capitalizing on the in-place income for short-term or stable annual rentals in the meantime as the neighborhood continues to grow and thrive.
Address
Address:
13695 West Dixie Highway, North Miami, FL
- Country: United States
- Province / State: Florida
- City / Town: Miami
- Property ID 9638
- Price $2,100,000
- Property Type Development opportunities, Retail
- Property status For sale
- Size 4,080 SqFt
- Lot Area 0.37 acres