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12985 W Dixie Hwy
North Miami FL 33161 US

$2,100,000

Active Listing ID A11897492
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Lot: 0.18 Acres
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Retail

$2,100,000

Active Listing ID A11897492
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12985 W Dixie Hwy 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.

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Property Features

  • Facts
  • Lot Size: 0.18 Acres
  • Property Type: Residential
  • Property Sub-type: Retail
  • Features
  • Cooling System: Central Air

Property

  • propertytype: Residential
  • propertysubtype: Retail
  • listprice: 2100000
  • unparsedaddress: 12985 W Dixie Hwy
  • postalcity: North Miami
  • stateorprovince: FL
  • country: US
  • postalcode: 33161
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.1777
  • lotsizeunits: Acres
  • lotsizearea: 0.1777
  • livingarea: 0
  • livingareaunits: Square Feet
  • listagentfullname: Monica Hurtado
  • listagentemail: ask@luxurybymonica.com
  • listagentkey: 3yd-MAORFL-3298858
  • listagentmlsid: 3298858
  • listagentpreferredphone: 7863805318
  • listagentofficephone: 7863805318
  • listofficekey: 3yd-MAORFL-FINR02
  • listagentstatelicense: 3298858
  • listofficemlsid: FINR02
  • disclaimer: Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MAORFL
  • yearbuilt: 1956
  • listagenturl: lwww.luxurybymonica.com
  • countyorparish: Miami-Dade
  • parcelnumber: 06-22-30-006-0550
  • cooling: Central Air
  • numberofunitstotal: 7
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 1
  • parkingtotal: 0
  • waterfrontyn: False
  • franchiseaffiliation: None
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: False
  • internetconsumercommentyn: False
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Fortune International Realty", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"ask@luxurybymonica.com", "ListBrokerageCity":null, "ListBrokerageCountry":null, "ListBrokerageEmail":"oruiz@fir.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"Fortune International Realty", "ListBrokeragePhone":"(305) 856-2600", "ListBrokeragePostalCode":null, "ListBrokerageStateOrProvince":null, "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":null, "ListBrokerageWebsiteUrl":null, "ListOfficeAddress1":"2666 Brickell Ave. ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"FINR02", "ListOfficeCity":"Miami", "ListOfficeCountry":"US", "ListOfficeEmail":"Rpalma@FortuneIntlGroup.com", "ListOfficePostalCode":"33129", "ListOfficeStateOrProvince":"FL", "ListPriceCurrencyType":"USD", "ListingTitle":"SINGLE_FAMILY - North Miami, FL", "ListingURL":null, "MLSModificationTimestamp":"2026-06-19 20:20:57", "Neighborhoods":[{"Description":null, "Name":"22"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":13687, "TaxDescription":"30 52 42 IRONS MANOR 5TH ADD PB 22-38 LOT 1 & PORT OF ST ABUTTING NE COR PER DB 4252-588 BLK 15 LOT SIZE 7742 SQUARE FEET OR 20507-0481 0702", "TaxYear":"2024"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 7/1/2026 12:35:50 AM GMT
Source Updated Date: 7/12/2026 12:43:58 AM GMT

Courtesy of: Monica Hurtado, Fortune Christie's Intl R.E., ask@luxurybymonica.com

Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.