33521 Dixie HwyHomestead, FL 33034

  • Retail properties
  • 10,098 SF
For Lease
$1.86/SF/YR View listing

Property Details for 33521 Dixie Hwy

Year built
2006
Construction
CONCRETE
Lot size
1.05 AC
Property size (Sq ft)
10,098 SF
Zone code
6000:COMMERCIAL,GENERAL
Property type
Retail properties
Property subtype
Outlet malls
APN
16-7919-025-0040
APU
1679190250040

Description

This exceptional retail opportunity presents a single-tenant space totaling 9,667 square feet, ideally situated at 33521 S Dixie Hwy in Homestead, Florida (zip code 33034). The property is zoned 6000 COMMERCIAL - GE and features ample parking in both front and rear lots. Currently, a sub-lease option is available within an existing beauty salon, offering approximately 8 ft x 13 ft of space in the rear, suitable for beauty-related businesses. Alternatively, six barber chairs are available for lease at a weekly rate of $300 each, inclusive of chair and mirror. Shared amenities include a hair washing station and restroom. The location boasts high visibility and foot traffic, benefiting from proximity to major retailers such as outlet malls, Walmart, Home Depot, and Best Buy. Its strategic position along US1 ensures exposure to a significant volume of traffic, including those traveling to and from the Florida Keys. This presents a unique chance to establish a business in a thriving commercial area with substantial client potential. High-definition video is available upon request. The property's APN is 16-79-19-025-0040.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $10,817,828
    6.5%
    $9,985,688
    7%
    $9,272,424
  • Comparable approach

    Method
    Valuation
    Relative Method
    $8,381,379
    Geo Method
    $8,381,379
  • Alternative Use

    Use
    Valuation
    Residential
    $8,423,301
    Hospitality
    $7,715,698
    Educational
    $6,419,370
    Medical
    $6,640,142
    Retail
    $9,985,688
33521 Dixie Hwy, Homestead, Florida

Location Insight

City
Florida City
County
Miami-dade
State
Florida
Latitude
25.4556
Longitude
-80.4746
CBSA code
33100
CBSA name
MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$41,308
$1,370,880
$629,120
$2,000,000
-
$1,370,880
$629,120
$2,000,000

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