Mixed use property in 1586 S Dixie Highway, Coral Gables, FL 33146 for rent with MLS# A12043241

Rare opportunity to lease a freestanding 3,333 SF retail building on a 10,005 SF lot along one of Coral Gables' most prominent commercial corridors. Ideally positioned on high-visibility South Dixie Highway/US-1, the property offers exceptional brand exposure, dual access from South Dixie Highway and Madruga Avenue, and parking for up to 22 vehicles, including 15 individual spaces, 3 tandem spaces, and 1 ADA space.Formerly home to the iconic Swensen's Ice Cream and Misha's Cupcakes, this landmark location benefits from strong recognition, excellent accessibility, and proximity to affluent residential neighborhoods, the University of Miami, Downtown South Miami, Metrorail, Baptist Health, and the transformational Sunset Place redevelopment.Ownership prefers a bank, national credit tenant, or investment-grade retailer, but will consider other quality users. An excellent opportunity for retail, restaurant, financial institution, medical, or service-oriented businesses seeking a premier standalone location in the heart of the US-1 corridor.

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Days on the market

1586 S Dixie Highway, Coral Gables, FL 33146

Price
Price:
$85.00
Original List Price:
$85.00
List Price per Sq Ft (Calculated, Approx.):
$0.02
Lease Details
Tenant Pays:
Exterior Electric, Electricity, Common Area Maintenance, Hvac Maintenance, Water, Gas, Maintenance, Interior Electric, Oil
Property Status and Type
Listing Type:
For Rent
Status:
Active
Business Type:
Restaurant, Retail
Listing Category:
Commercial Lease
Property Type:
Mixed Use
Description of Last Important Update:
New Listing
Last Major Update on:
June 25, 2026 4:00 am
Measures
Built-Up Area:
3,333 Sqft
Lot Size Acres:
0.23
Property Features
Security:
Security System
Air Conditioning
Air Conditioning System:
Central Building
Heating
Heating System:
Central, Electric, Central Building
Building:
Restaurant, Kitchen Facilities, Free Standing
Construction
Year Built:
1976
Roof:
Built-up
Flooring:
Tile
Structure Type:
Office, Retail
Road Frontage Type:
City Street, Highway
Flood Zone Code:
X
Property Condition:
Resale
Taxes and Expenses
Tax Annual Amount:
$47,515.00
Tax Year:
2025
Insurance Expense:
$24,000.00
Parking
Parking Total Spaces:
22
Parking Features:
Guest, On Street, Free
Utilities
Sewer:
Public Sewer
Utilities Available:
Natural Gas Connected
Water Source:
Public
Community
Senior Community:
No
Terms
Documents Available:
Aerial Photo(s), Photos, Existing Survey, Site Plans
Zoning and Legal
Tax Legal Description:
C GAB RIV SEC REPLAT OF BLK 199 PB 53-97 TRS I & J LOT SIZE 10005 SQ FT OR 18408-1884 1198 4 COC 26215-2852 02 2008 5
Real Estate Folio Number (Parcel Number):
0341300100070
Zoning:
5003
Listing History
Active on the market since:
June 25, 2026
Listing Agreement executed on:
June 25, 2026
Listing Status Last Changed On:
June 25, 2026 4:00 am
Photos updated on:
July 15, 2026 7:05 pm
Last Modified:
July 16, 2026 6:36 am
Additional Information
Courtesy of:
BHHS EWM Realty
Attribution:
Not provided
Location
Street Name:
Dixie
Street Number:
1586
City:
Coral Gables
State:
Florida
Zip Code:
33146
County:
Miami-Dade
Latitude:
N25° 42' 27.4''
Longitude:
W81° 42' 55''
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 $124,712
Median Home Value $1,141,800
Median Rent $2,774/mo
Median Age 22
Population 18,861

Air Quality

Source: AirNow.gov · Miami

🌬️ Air Quality Index (AQI) 35 Good
☀️ O3 30 Good
🫁 PM2.5 35 Good
Ver la Propiedad Ver la propiedad 1586 S Dixie Highway, Coral Gables, FL 33146
Association of REALTORS®
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.