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20500 S Dixie Hwy Cutler Bay, FL 33189
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Key Details
Sold Price $1,800,000
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
Square Footage 10,420 sqft
Price per Sqft $172
MLS Listing ID A10935715
Sold Date 11/16/21
Style Detached
HOA Y/N No
Year Built 1964
Annual Tax Amount $10,672
Contingent No Contingencies
Lot Size 0.310 Acres
Acres 0.31
Property Sub-Type Retail
Property Description
Redevelopment Opportunity Assemblage of two adjacent folios at 20500 S.Dixie Hwy (36-6007-000-0051) and 20462 S.Dixie Hwy (36-6007-000-0031) located in the Town of Cutler Bay.
20500 S.Dixie Hwy is a corner lot of 13,504 SF, that currently houses a successful Peruvian Restaurant. While 20462 S.Dixie Hwy holds 10 retail/office spaces within a 2-story building that sits on 12,500 SF.
The property sits right on the Rapid Transit Busway, just a block from the nearest Publix and Target Store. It's within a designated Opportunity Zone (Development Zone) and it's primed for Redevelopment, due to its recent
Town Center District zoning, which accommodates the higher overall intensity of development (250 units/acre) required to support the town.
Location
State FL
County Miami-dade County
Area 69
Direction The property sits right on the Rapid Transit Busway, just a block from the nearest Publix and Target Store. It’s within a designated Opportunity Zone(Development Zone) and it’s primed for Redevelopment.
Exterior
Total Parking Spaces 12
Private Pool Yes
Building
Architectural Style Detached
Others
Tax ID 36-60-07-000-0051
Financing Conventional
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Bought with Keller Williams Capital Realty