# 12985 W Dixie Hwy, North Miami, FL 33161

> **TL;DR:** commercial, $2,100,000, built 1956. Est. $9,100/mo.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $2,100,000 |
| Year Built | 1956 |
| Lot Size | 7,741 sqft (0.18 acres) |
| Property Type | Commercial (Retail) |
| Status | For Sale |
| Days on Market | 0 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $9,100 |
| **Total** | **$9,100** |

## Property Highlights

- Built in 1956
- 0.18 acre lot

## Description

### Agent Description
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.

## Location

- **Address:** 12985 W Dixie Hwy, North Miami, FL 33161
- **County:** Miami-Dade

## Listing Agent

- **Name:** Monica Hurtado
- **Brokerage:** Fortune Christie's Intl R.E.
- **Phone:** 7863805318
- **Email:** ask@luxurybymonica.com

## Primary Photo

![12985 W Dixie Hwy - Primary Photo](http://lh.rdcpix.com/98302c76e92bd3e13523c15b42d6ac7cl-f3143071937r.jpg)

*15 total photos available on [listing page](https://www.propertysimple.com/listing/12985-w-dixie-hwy-north-miami-fl-33161-11897492)*

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**MLS#:** A11897492 | **Updated:** 2026-06-18
**Source:** listhub

*Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/12985-w-dixie-hwy-north-miami-fl-33161-11897492)

---

## Structured Data

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  "@type": "RealEstateListing",
  "name": "12985 W Dixie Hwy, North Miami, FL 33161",
  "description": "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 u",
  "url": "https://www.propertysimple.com/listing/12985-w-dixie-hwy-north-miami-fl-33161-11897492",
  "image": "http://lh.rdcpix.com/98302c76e92bd3e13523c15b42d6ac7cl-f3143071937r.jpg",
  "datePosted": "2026-06-18",
  "price": 2100000,
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  "yearBuilt": 1956
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```