USD 7,000,000

18356 W Dixie Hwy
North Miami Beach, Florida 33160

For Sale

Property Description

Warehouse/development site available with no long term leases. Zoning is 15 stories and 125 units/acre Mixed-Use Development parcel on a 0.76 acre lot located on the corner of W Dixie Hwy and NE 184th Ter 200 feet of direct frontage along West Dixie Hwy - less than a mile from the new Brightline Rail Station. Proforma income $275K

The property is located in the Ojus Urban Area District (OUAD) Mixed-Use Corridor (MC) and offers an excellent opportunity to redevelop with a current maximum building height of 15 stories and 125 units per acre. The site includes 4 existing buildings totaling 11,127 SF and a cell tower which provides excellent passive income (currently $4,333/month) with tenant 5 year options in 2023 and 2028 (15% increases) .

Adjacent to the City of Aventura

Listed by Miami Real Estate Company

Property Details

ID #
A11202844
Status
Sale
Type
Commercial, Industrial, Mixed use
Zip Code
33160
Year Built
1971
Ground Feature
Fenced
Septic
Septic tank
Construction
Concrete Block Construction
Location
Corner Lot
Occupancy
Call Listing Agent
Parking
Common Parking
Road Frontage
County Road
Roof
Built-Up Roof, Concrete Roof, Pre-Stressed Roof
Type of Building
Automotive, Residential-Multi-Family
Utilities
Internet
Zoning Information
6072
Listing content provided by the Miami Association of REALTORS
Disclaimer: BBC: 1.5%, The offer of compensation is made only to participants of the MLS where the listing is filed.

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