Stabilized 7-Unit Retail Investment | 6.66% Cap | Value-Add Offered at $2,000,000, this fully leased neighborhood retail center sits on a high-visibility corner at 12985 W Dixie Hwy in North Miami. The 7,742 SF building offers strong frontage, parking, and steady traffic exposure. The property generates $146,936 gross income with an estimated $133,249 NOI, reflecting a 6.66% cap rate. All seven units are leased to established tenants on 2–3 year terms, providing stable cash flow with near-term upside. Several rents are below market, offering repositioning potential, and one underperforming unit presents additional value-add opportunity. Built in 1956, zoned 6600, and surrounded by ongoing development. Detailed rent roll and financials available with NDA.
Property Details
Price:
$2,100,000
MLS #:
A11897492
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
Retail
Listed Date:
Oct 27, 2025
Total Sq Ft:
7,742
Year Built:
1956
See this Listing
Schools
Interior
Cooling
Central Individual A/C
Exterior
Lot Features
Corner Lot
Stories
1
Window Features
Clear Impact Glass
Financial
Tax Year
2024
Taxes
$13,687
Map
Community
- Address12985 W Dixie Hwy North Miami FL
- CityNorth Miami
- CountyMiami-Dade County
- Zip Code33161
Subdivisions in North Miami
- 12590 CORONADO TOWERS CON
- 12590 CORONADO TOWERS CON,12590 CORONADO TOWER
- 1475 TERRA TOWERS CONDO
- 1500 CORAL TOWERS CONDO
- 1515 CORAL TOWERS CONDOMI
- 770 CONDO
- ACADEMY HEIGHTS
- ACQUASTRADA CONDO
- Acreage & Unrec
- ALBERTA BISCAYNE 2ND REV
- ALHAMBRA HEIGHTS SEC 2
- ALHAMBRA HEIGHTS SEC 5
- ALHAMBRA HGTS SEC 5
- ALLOCCA SUB
- ALMA REE HOMES
- ALMAR SUB
- ARCH CREEK PINES
- ARCH CREEKS ESTATES
- ARETA ESTATES SEC 1,ARETA ESTATES
- ARETA ESTATES SEC 9
- ARETA ESTS SEC 6
- AVIATION COUNTRY CLUB 1ST
- Bayview Palms Condo
- BAYVIEW PALMS CONDO,Bayview Palms
- Bayview Palms Condominium
- BAYVIEW TOWERS CONDO
- BAYVIEW TOWERS CONDO NORT
- BAYVIEW TOWERS CONDO SOUT
- BAYVIEW TOWERS CONDO SOUT,Bayview Towers
- BISCAYNE HIGHLANDS
- Biscayne Landing
- Biscayne Park
- BISCAYNE PARK ESTATES
- BISCAYNE PARK ESTS AMD
- BISCAYNE POINT CONDO
- BISCAYNE TERRACE
- BISCAYNE VILLAGE HEIGHTS
- BISCAYNE VILLAGE HEIGHTS,BISCAYNE VILLAGE HEI
- BREEZESWEPT ESTATES
- BREEZESWEPT ESTATES 1ST A
- BREEZESWEPT ESTATES 2ND A
- BREEZY HEIGHTS 1ST ADDN
- BRIAN MANORS
- BROOKVIEW CONDO
- BROOKVIEW CONDO,Brookview Condo
- CAPRI GARDENS CONDO
- CAPRI GARDENS CONDO,CAPRI GARDENS
- CASA BELLA VILLAS
- CASA-BISCAYNE CO-OP APTS
- CHATEAUX GARDENS CONDO
- CHESTNUT HILL CONDO
- CLAREMONT PLACE CONDO
- CLAREMONT PLACE CONDO,CLAREMONT PLACE COND
- COLLONADE
- COLLONADE CONDO
- COLLONADE CONDO,Colonnade
- CORONADO HARBOR
- CORONADO HARBOR 1ST ADDN
- CORONADO HARBOR 2ND ADDN
- CORONADO HARBOR,Keystone Island
- CORONADO HARBOR,Keystone Point
- DANIELS BAY BREEZE SUB
- DE PAULY HEIGHTS
- DIXIE GARDENS
- DIXIE GARDENS CONDO
- DIXIE TERRACE CONDO
- DIXIE TERRACE CONDO,Dixie Terrace Condo
- DORIAN APARTMENTS
- DORSET HOUSE CONDO
- DORSET HOUSE CONDO,Dorset House
- EIGHT AVE MANORS PLAT
- EMERALD LAKE PARK
- EXECUTIVE MANORS
- FAIRMONT HOUSE
- FAIRMONT HOUSE INC – CO-O
- FAIRVIEW
- FOREVER ELEGANT CONDO,FOREVER ELEGANT COND
- FOSTER & SANCHEZ TR REMAIN,CHART HOUSE APARTMEN
- FRED C MILLERS SUB
- GOLD COAST CONDO
- GOLDEN TERRACE CONDO
- GREEN OAKS
- GREENWICH PH I CONDO
- GREGORY HEIGHTS
- GRIFFING BIS PK EST
- GRIFFING BISC PARK EST
- GRIFFING BISC PARK ESTATE
- GRIFFING BISCAYNE PK EST
- GRIFFING BISCAYNE PK EST,GRIFFING BISC PK Est
- GRIFFING BISCAYNE PK ESTA
- HAMBLENS SUB
- HAMPSHIRE HEATH
- HERITAGE CONDO
- HIDDEN COVE TOWNHOUSES
- HIDDEN WATERS CONDO
- IRONS MANOR
- IRONS MANOR 1ST ADDN
- IRONS MANOR 2ND ADDN
- IRONS MANOR 3RD ADDN
- IRONS MANOR 4TH ADDN
- IRONS MANOR 5TH ADDN
- IRONS MANOR HIGH PINE ADD
- IVANHOE ESTATES AMD PL
- KERWOOD MANOR
- KEYSTONE ARMS CONDO
- KEYSTONE ARMS CONDO,Keystone Arms Condo
- KEYSTONE BAY CONDO
- KEYSTONE GARDENS CONDO
- KEYSTONE HARBOR CLUB COND
- KEYSTONE HARBOR CLUB COND,KEYSTONE HARBOR CLUB
- KEYSTONE ISLAND NO 1
- KEYSTONE ISLAND NO 2
- KEYSTONE ISLAND NO 3
- KEYSTONE ISLAND NO 3,Keystone
- KEYSTONE ISLAND NO 3,KEYSTONE ISLANDS
- KEYSTONE ISLAND NO 4
- KEYSTONE ISLAND NO 5
- KEYSTONE ISLAND NO 5,KEYSTONE ISLAND
- KEYSTONE ISLANDS
- KEYSTONE ISLANDS,KEYSTONE POINT
- KEYSTONE POINT
- KEYSTONE POINT SEC 1
- KEYSTONE POINT SEC 2
- KEYSTONE POINT SEC 3
- KEYSTONE SHORES
- KEYSTONE TOWERS CONDO
- KIRKPATRICK SUB
- LA CASTELLANA CONDO
- LAMOR ESTATES SUB
- LEROB SUB
- LONGWOOD HOUSE CONDO
- MAJORCA TOWERS CONDO
- MALKY CONDO
- MARBELLA CONDO
- Marina Palms,MARINA PALMS
- MARINA PARK CONDO PH I
- MAYETT ESTATES
- MELROSE POINT AT SANS SOU
- Mitchell Lake
- MOONRAKER CONDO
- MOUNTCLAIR VILLAS CONDO
- NICHOLS HEIGHTS
- NICHOLS HEIGHTS ADDN
- NICHOLS HEIGHTS ADDN,Nichols Heights Addn
- NORTH MIAMI
- NORTH SHORE HEIGHTS
- NORTHEAST PALMS CONDO
- OAK RIDGE PARK
- ONE FIFTY ONE AT BISCAYNE,ONE FIFTY ONE AT BIS
- OVERBROOK SHORES
- OVERBROOK SHORES NO 3
- OVERBROOK SHORES NO-2
- OVERBROOK SHORES NO-2,OVERBROOK SHORES NO-
- OXFORD COURT CONDO
- PALOMAR SUB
- PALOMAR SUB,Biscayne Park
- PARK FOUNTAIN CONDO
- PARK VIEW SQUARE
- PARKVIEW VILLAS REPLAT
- PATKAY SUB
- PINEWOOD PARK EXTENSION
- Pleasant Village Sub
- POINCIANNA MANOR SEC 2
- POINCIANNA MANOR SEC 4
- PRIMROSE PARK 2ND PL
- REM FOSTER & SANCHEZ TRAC
- RIVERA MANOR 2ND ADDN
- RIVIERA TERRACE CONDO
- RUCKS PARK
- SAILBOAT CAY CONDO
- SAILBOAT CAY CONDO,SAILBOAT CAY
- SAN SOUCI ESTATES
- SAN SOUCI ESTATES,San Souci Estates
- SAN SOUCI ESTATES,SANS SOUCI ESTATES
- SANS SOUCI CONDO
- Sans Souci Estates
- SANS SOUCI ESTS
- SHEPHARD HEIGHTS 3 ADDN
- SHEPHARD HEIGHTS ADDN
- SHEPHARD HEIGHTS ADDN,SHEPHARD HEIGHTS
- SMALLWOOD MANOR
- STANLEY MANORS,Stanley Manors
- SUB PB B-121
- SUNKIST GROVE
- SUNNY ACRES
- SUTTON HOUSE CONDO
- THE HARBOUR CONDO
- THE LEEWARD CONDO
- THE LEEWARD CONDO,The Leeward Condo
- THE OAKS I CONDO
- THE OAKS I CONDO,151 at Biscayne
- THE OAKS I CONDO,ONE FIFTY ONE AT BIS
- THE OAKS I CONDO,THE OAKS
- THE OAKS IN NORTH MIAMI C
- THE WHITE HOUSE CONDO
- THE WHITE HOUSE CONDO,THE WHITE HOUSE COND
- THE WHITE HOUSE CONDO,WHITE HOUSE CONDO
- THREE HORIZONS EAST CONDO
- THREE HORIZONS NORTH COND
- THREE HORIZONS NORTH COND,THREE HORIZONS NORTH
- THREE HORIZONS SOUTH COND
- THREE HORIZONS SOUTH CONDO,THREE HORIZONS SOUTH
- TIVOLI VILLAS
- TROPICAL TERRACE CONDO
- VECINO DEL MAR CONDO
- VENETIAN SEC KEYSTONE POI
- VENETIAN SEC KEYSTONE POI,Keystone Point
- VENICE PARK
- WATERSIDE TOWERS CONDO
- WATERSIDE TOWERS CONDO,WATERSIDE
- WATERSIDE TOWERS CONDO,WATERSIDE TOWERS
- WENDOVER CONDO
- WESTVIEW NORTH
- windward
- WINDWARD CONDO
- WINDWARD II CONDO
- WOODCREEK CONDO
Market Summary
Current real estate data for Commercial in North Miami as of Apr 27, 2026
69
Commercial Listed
218
Avg DOM
$604,395
Avg List Price
Property Summary
- 12985 W Dixie Hwy North Miami FL is a Commercial for sale in North Miami, FL, 33161. It is listed for $2,100,000 To schedule a showing of MLS#a11897492 at 12985 W Dixie Hwy in North Miami, FL, contact your CENTURY 21 Carioti agent at 2392986550.
Similar Listings Nearby
12985 W Dixie Hwy
North Miami, FL