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MLS # :A11329338 |
Price :$3,500,000 |
Status :
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Listing Date :Jan 20, 2023 |
Square Footage :Not Available |
County :Miami-Dade County |
Square Footage :Not Available |
Year Built :1980 |
Taxes :$44,830 Per Year |
Waterfront :No |
Virtual Tour :
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Remarks :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. |
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Call: 305-998-9922
Sunny Realty
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