13295 Dixie HwyNorth Miami, FL 33161
- Mixed-use properties
- 3,792 SF
Property Details for 13295 Dixie Hwy
- Year built
- 1949
- Construction
- CONCRETE
- Lot size
- 0.17 AC
- Property size (Sq ft)
- 3,792 SF
- Zone code
- 6600:COMMERCIAL,LIBERAL
- Property type
- Mixed-use properties
- Property subtype
- Retail residential properties
- APN
- 06-2229-049-0730
- APU
- 622290490730
Description
This exceptional mixed-use property, located at 13295 W Dixie Hwy in North Miami, Florida, presents a compelling investment opportunity. The 4,067 square foot building sits on a 0.17-acre lot (7,268 sq ft) and features a ground-floor retail storefront and two one-bedroom apartments on the second floor. Currently vacant, the property offers immediate occupancy for an owner-user or significant redevelopment potential. The favorable C-1 zoning allows for a wide range of commercial uses, including the possibility of constructing up to 100 residential units per acre and up to nine stories. This prime corner location on W Dixie Hwy boasts high visibility and accessibility, with an average daily traffic count of 20,500 vehicles. Its proximity to Aventura and Biscayne Boulevard, coupled with the ongoing development of nearby residential projects (such as the Garden Residences and Manor Biscayne Building), underscores the area's rapid growth and increasing desirability. The asking price for this unique asset is $1,500,000. This presents a rare chance to acquire a high-quality property in one of Miami's most dynamic neighborhoods. The zip code is 33161, and the property is situated in Miami-Dade County.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $3,050,628
- 6.5%
- $2,815,964
- 7%
- $2,614,824
-
Comparable approach
- Method
- Valuation
- Relative Method
- $2,250,298
- Geo Method
- $2,250,298
-
Alternative Use
- Use
- Valuation
- Residential
- $2,815,964
- Hospitality
- $2,579,408
- Educational
- $2,146,038
- Medical
- $2,219,843
- Retail
- $3,338,280
Location Insight
- City
- North Miami
- County
- Miami-dade
- State
- Florida
- Latitude
- 25.8977
- Longitude
- -80.1802
- CBSA code
- 33100
- CBSA name
- MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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