12985 W Dixie Hwy North Miami FL 33161 MLS #A11897492
12985 W Dixie Hwy
North Miami, FL, 33161
$2,100,000
Beds
0 Baths
0 SqFt
0 Acres
$2,100,000
12985 W Dixie Hwy
North Miami, FL, 33161
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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.

Property Details

Price:
$2,100,000
MLS #:
A11897492
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
Retail
Listed Date:
Oct 27, 2025
Total Sq Ft:
7,742
Year Built:
1956
Retail SpaceRetail

Schools

Interior

Cooling
Central Individual A/C

Exterior

Lot Features
Corner Lot
Stories
1
Window Features
Clear Impact Glass

Financial

Tax Year
2024
Taxes
$13,687
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Current real estate data for Commercial in North Miami as of May 08, 2026
67
Commercial Listed
227
Avg DOM
$657,261
Avg List Price

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Property Summary

    12985 W Dixie Hwy North Miami FL is a Commercial for sale in North Miami, FL, 33161. It is listed for $2,100,000
12985 W Dixie Hwy
North Miami, FL