For Sale
$7,250,000

29645 Dixie Hwy Homestead, FL 33033

High-yield retail investment, Homestead, FL.

Overview

Added:
Dec 11, 2024
Days on market:
134
This exceptional retail property, located at 29645 S Dixie Hwy in Homestead, Florida (zip code 33033), presents a compelling investment opportunity. The 1994-built center boasts a strong tenant base, anchored by a substantial 14,820 square foot medical center that was recently renovated. Adding to the stability, Little Caesar's Pizza, a daycare center, and a barbershop have occupied their spaces for over 15 years, demonstrating long-term tenant loyalty and consistent income streams. The property benefits from its high-traffic location on South Dixie Highway, north of Homestead. Significant recent improvements include a new roof installed in the fourth quarter of 2023, ensuring long-term structural integrity. Furthermore, comprehensive 30-year building inspections have been completed, providing potential investors with peace of mind and a clear understanding of the property's condition. The asking price for this well-maintained and established retail center is $7,250,000, offering a solid return on investment for the discerning buyer. This property is situated in Miami-Dade County and offers a rare opportunity to acquire a stable, income-producing asset in a growing South Florida market.

Property Details for 29645 Dixie Hwy

Property type
Retail properties
Year Built
1994

Location Insight

City
Homestead
County
Miami-Dade
State
Florida
Latitude
25.4921341
Longitude
-80.4367421

FAQs

What type of property is this?
Retail property - High-yield retail investment, Homestead, FL.
Where is the retail property located?
The property is located at 29645 Dixie Hwy Homestead, FL.
What is the asking price?
The asking price for this property is $7,250,000.
How can I contact the broker?
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29645 Dixie Hwy
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