23 photos
USD 3,500,000
19993 S Dixie Hwy
Cutler Bay, Florida 33157
For Sale
Property 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.
Listed by Coldwell Banker Realty
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Property Details
- ID #
- A11329338
- Status
- Sale
- Type
- Commercial, Industrial
- Zip Code
- 33157
- Year Built
- 1980
- Parking Spaces
- 74
- Building Feature
- Air Conditioning
- Water Source
- City/mains water
- Septic
- City sewer
- Construction
- CBS Construction
- Floor
- Carpeted Floors, Ceramic Floor
- Lease Term
- 7-10 Year Lease, Triple Net Lease
- Location
- City Location
- Occupancy
- Tenant Occupied
- Parking
- Guest Parking
- Road Frontage
- Main Thoroughfare, State Road
- Road Type
- Four Lane
- Roof
- Various Material(S) Roof
- Type of Building
- Restaurant/Bar
- Utilities
- Internet
- Zoning Information
- 6400
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Listing content provided by the Miami Association of REALTORS
Disclaimer: BBC: 2%, The offer of compensation is made only to participants of the MLS where the listing is filed.