Address
15365 S Dixie Hwy Palmetto Bay, FL
Price
$ 5,250,000
Property Attributes
  • MLS#A10707220
  • TypeCommercial
  • CountyMIAMI-DADE
  • CityPalmetto Bay
  • Area50
  • Zip33157
  • StyleRetail
  • Year Built1981
  • Taxes26837
  • Price$ 5,250,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size0.67 Acres
Listing Provided Courtesy Of:
Vella Real Estate
Property Description

FULLY RENOVATED SHOPPING CENTER!!! FULLY LEASED 7,801 sqft building. Long-term NNN (minimum 5 year) leases. 5.33% CAP RATE! Cash flowing at an average of $37/sqft in year 3. Selling on year 3 income (year 3 commenced on 2/15/2020). 29,185 sqft lot located on South Dixie Highway in Palmetto Bay, FL. Great long-term investment property along with redevelopment opportunities due to possible changes in the code for the US 1 corridor.

Price History
7/15/2019 Listed $5,513,600
8/15/2019 5% - $5,250,000

General Features

Building Name Palmetto Links Plaza
Cooling CentralAir
MLS Area 50
Property SubType Retail
Property Type CommercialSale
Structure Type Retail
Terms Cash, Conventional
Zoning Description 6100

Interior Features

Air Conditioning Y/N Yes

Exterior Features

Covered Spaces 0.0
Lot Size Area 29185.0
Lot Size Square Feet 29185.0
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 33157

Price
AVG $1.41M
$5.25M
Taxes
AVG $11,238
$26,837
Visits
AVG 82
62
Year Built
AVG 1981
1981
Walkscore
AVG 66
79
Data Provided by Walkscore ® not using MLS data

Looking for a more comfortable experience?

Download our mobile app for a personalized browsing experience.

Areas We Cover