Retail in 20462-20500 S Dixie Highway, Cutler Bay, FL 33189 for sale with MLS# A11680034

Prime investment opportunity! This fully-leased property at 20462-20500 S Dixie Hwy in Cutler Bay features two buildings: an 8,584 sq. ft. retail strip and a 2,192 sq. ft. freestanding restaurant, situated on a 26,004 sq. ft. lot.Located on the high-traffic US-1, directly across from Southland Mall, this property generates an NOI of $210,000 annually. With excellent value-add and redevelopment potential, this property ideal for investors looking to enhance income streams or explore future development opportunities in a thriving commercial corridor.

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Days on the market

20462-20500 S Dixie Highway, Cutler Bay, FL 33189

Price
Price:
$3,500,000.00
Original List Price:
$3,500,000.00
List Price per Sq Ft (Calculated, Approx.):
$324.79
Property Status and Type
Listing Type:
For Sale
Status:
Active
Business Type:
Restaurant
Listing Category:
Commercial Sale
Property Type:
Retail
Description of Last Important Update:
New Listing
Last Major Update on:
October 21, 2024 1:18 pm
Measures
Built-Up Area:
10,776 Sqft
Lot Size Acres:
0.6
Construction
Year Built:
1964
Number of Buildings:
2
Community
Senior Community:
No
Zoning and Legal
Tax Legal Description:
7 56 40 .31 AC M/L BEG 411.05FTS OF NW COR OF SW1/4 OF NE1/4 CONT S74.19FT TO NWLY R/W/L OF SR 5 NE300FT NW50FT TO SELY R/W/L OF FEC R/W SW2
Real Estate Folio Number (Parcel Number):
3660070000051
Listing History
Active on the market since:
October 21, 2024
Listing Agreement executed on:
October 21, 2024
Listing Status Last Changed On:
October 21, 2024 1:18 pm
Photos updated on:
June 8, 2026 9:45 pm
Last Modified:
June 8, 2026 9:46 pm
Additional Information
Courtesy of:
APEX Capital Realty LLC
Attribution:
Not provided
Location
Street Name:
Dixie
Street Number:
20462-20500
City:
Cutler Bay
State:
Florida
Zip Code:
33189
County:
Miami-Dade
Latitude:
N25° 34' 37.1''
Longitude:
W81° 37' 42.5''
Street Suffix:
Highway
Street Direction Prefix:
S
Property Map

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Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $66,487
Median Home Value $409,500
Median Rent $1,539/mo
Median Age 41
Population 24,627

Air Quality

Source: AirNow.gov · Miami

🌬️ Air Quality Index (AQI) 35 Good
☀️ O3 35 Good
🫁 PM2.5 35 Good
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Disclaimer: IDX listing information is presented by Rebonus Brokerage LLC for consumer informational purposes only. The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by the MLS or the real estate broker. This page presents structured listing information sourced directly from the MLS via the RESO Web API feed. Rebonus prioritizes maximum field coverage and data completeness, displaying the most granular MLS-provided attributes available.