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About This Home
This 0-bedroom, 0-bathroom commercial at 12985 W Dixie Hwy in North Miami, FL is listed for $2,100,000. Built in 1956, on a 0.18 acres lot.
Stabilized 7-Unit Retail Investment | 6.66% Cap | Value-Add Offered at $2,000,000, this fully leased neighborhood retail center sits on a high-visibility corner at 12985 W Dixie Hwy in North Miami. The 7,742 SF building offers strong frontage, parking, and steady traffic exposure.
The property generates $146,936 gross income with an estimated $133,249 NOI, reflecting a 6.66% cap rate. All seven units are leased to established tenants on 2–3 year terms, providing stable cash flow with near-term upside. Several rents are below market, offering repositioning potential, and one underperforming unit presents additional value-add opportunity. Built in 1956, zoned 6600, and surrounded by ongoing development. Detailed rent roll and financials available with NDA.
Key Features
- Built in 1956
- 0.18 acre lot
Property Details
Monthly Cost Estimate
$11,231/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
12985 W Dixie Hwy
North Miami, FL 33161
Property Details
Cooling
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 12985 W Dixie Hwy is listed at $2,100,000. The estimated monthly payment is $9,100 based on 20% down at 6.5% interest.
Key features include: Built in 1956, 0.18 acre lot.
This property is listed by Monica Hurtado and can be reached at 7863805318 or ask@luxurybymonica.com.
