9769 Dixie HwyPinecrest, FL 33156

Property Details for 9769 Dixie Hwy

Year built

1981

Construction

CONCRETE

Lot size

0.20 AC

Property size (Sq ft)

7,000 SF

Zone code

6400:COMMERCIAL,CENTRAL

Property type

Office buildings

APN

20-5002-039-0060

APU

2050020390060

Description

This exceptional 6,817 square foot office building presents a rare investment opportunity in the desirable Pinecrest, Florida area. Located at 9769 S Dixie Hwy, 33156, this single-story building sits on an 8,712 square foot lot and boasts a well-maintained structure. The property is zoned BU-1, reflecting its restricted commercial development within the Village of Pinecrest. Offering ample free parking, this strategically located business hub provides high visibility and immediate access to major transportation arteries, including South Dixie Highway and SR-826. Its convenient location also offers walkability to Metrorail, shopping, and dining options. The asking price is $3,995,000, translating to $586.03 per square foot. This executive and traditional office space represents a unique chance to acquire a prime commercial property in a thriving South Florida community. The building's excellent condition and prime location make it an ideal investment for discerning buyers seeking a high-return asset in a sought-after market.

• CAP approach

  CAP return

  Valuation

  6%

  $4,861,367

  6.5%

  $4,487,416

  7%

  $4,166,886

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,208,567

  Geo Method

  $2,208,567

• Alternative Use

  Use

  Valuation

  Residential

  $5,564,396

  Hospitality

  $5,096,956

  Educational

  $4,240,608

  Medical

  $4,386,449

  Retail

  $6,596,502

Location Insight

City

Pinecrest

County

Miami-dade

State

Florida

Latitude

25.6799

Longitude

-80.3153

CBSA code

33100

CBSA name

MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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