13639 Dixie HwyNorth Miami, FL 33161

This exceptional free-standing retail building, located at 13639 W Dixie Hwy in North Miami, Florida (zip code 33161), presents a compelling investment opportunity. Built in 1954, this single-story, 1-building property is situated on a high-traffic section of W Dixie Highway, one of Miami's busiest thoroughfares. Currently generating approximately $84,000 in gross annual income, the property offers immediate cash flow. However, its true potential lies in its redevelopment possibilities. The site benefits from multiple overlays, permitting a significant increase in density to 100 dwelling units per acre, allowing for a maximum of 32 units on this specific parcel. This presents a strong opportunity for developers seeking to leverage redevelopment incentives while simultaneously enjoying the existing income stream. The property is ideal for short-term rentals or stable annual leases, providing a secure investment while the surrounding neighborhood continues its growth and development. The asking price for this unique property is $1,550,000. This is a rare chance to acquire a well-located retail property with substantial upside potential in a thriving Miami-Dade County market.