19700 Dixie HwyCutler Bay, FL 33157

Property Details for 19700 Dixie Hwy

Year built

1985

Construction

CONCRETE

Lot size

1.84 AC

Property size (Sq ft)

20,327 SF

Zone code

6200:COMMERCIAL,ARTERIAL

Property type

Retail properties

Property subtype

Outlet malls

APN

36-6006-040-0010

APU

3660060400010

Description

Best Plaza, located at 19700 S Dixie Hwy in Cutler Bay, Florida (zip code 33157), offers a prime retail opportunity in Miami-Dade County. This multi-tenant commercial property boasts a total of 24,579 square feet, with 9,247 square feet currently vacant and available for lease. Spaces range from a minimum of 941 square feet to a maximum contiguous space of 4,766 square feet, providing flexibility for various business needs. The property features ample parking with 63 spaces available for tenants and customers. The property's location on S Dixie Hwy offers excellent visibility and accessibility, making it an ideal location for businesses seeking high foot traffic and convenient access for customers. This is a fantastic opportunity to establish or expand your retail presence in a thriving Cutler Bay community. The property is classified as retail commercial space and is ready for immediate occupancy. Interested parties should inquire about lease terms and available space sizes.

• CAP approach

  CAP return

  Valuation

  6%

  $21,553,672

  6.5%

  $19,895,698

  7%

  $18,474,576

• Comparable approach

  Method

  Valuation

  Relative Method

  $16,717,868

  Geo Method

  $16,717,868

• Alternative Use

  Use

  Valuation

  Residential

  $16,782,766

  Hospitality

  $15,372,923

  Educational

  $12,790,091

  Medical

  $13,229,962

  Retail

  $19,895,698

Location Insight

City

Cutler Bay

County

Miami-dade

State

Florida

Latitude

25.5839

Longitude

-80.3652

CBSA code

33100

CBSA name

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

Property Tax & Assessments

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