20811 Dixie HwyMiami, FL 33189

Property Details for 20811 Dixie Hwy

Year built

1993

Construction

CONCRETE

Lot size

5.57 AC

Property size (Sq ft)

111,488 SF

Zone code

6063

Property type

Retail properties

Property subtype

Community centers

APN

30-6007-000-0043

APU

3060070000043

Description

This prime Cutler Bay retail property, located at 20811 S Dixie Hwy (US-1 & SW 12th Avenue), Miami, FL 33189, offers 110,240 total square feet, with 12,000 square feet currently vacant. The property boasts excellent visibility and street frontage on a busy highway, with ample parking. Two available spaces range from 12,100 to 15,000 square feet, ideal for a variety of retail uses. The plaza benefits from a shadow anchor, Publix Supermarkets, and enjoys a highly desirable location adjacent to Southland Mall, the area's largest mall. Major retailers such as Target and Walmart are in close proximity, ensuring high foot traffic and brand recognition. The property's convenient location, less than a mile from the Turnpike, provides easy access for customers and employees. This power center presents a unique opportunity for businesses seeking high visibility and a strong customer base in a thriving Miami-Dade County submarket. The property's size and location make it an exceptional investment opportunity in a densely populated area with significant consumer spending.

• CAP approach

  CAP return

  Valuation

  6%

  $118,394,456

  6.5%

  $109,287,184

  7%

  $101,480,960

• Comparable approach

  Method

  Valuation

  Relative Method

  $91,816,320

  Geo Method

  $91,816,320

• Alternative Use

  Use

  Valuation

  Residential

  $92,187,832

  Hospitality

  $84,443,560

  Educational

  $70,256,048

  Medical

  $72,672,264

  Retail

  $109,287,184

Location Insight

City

Miami

County

Miami-dade

State

Florida

Latitude

25.5724

Longitude

-80.3734

CBSA code

33100

CBSA name

MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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