Commercial Real Estate Property For Sale In Cutler Bay

19993 Dixie Hwy Cutler Bay, FL 33157
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$3,500,000

  • 1980 Year Built
  • Jan 20, 2023 Listing Date

MLS #

:

A11329338

Price

:

$3,500,000

Status

:

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

:

click here to view virtual tour

 

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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