South Dixie Strip Center — Sale in Miami, FL

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Miami, FL 33176
  • Year built: 1986

Photos

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Investment Figures

Cap rate
7.06%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Marcus & Millichap is pleased to present for sale, South Dixie Strip Center located in Miami, Florida. Investment Highlights: • Value-Add Retail Strip Center Investment Opportunity, Featuring Major Upside Through Lease-Up of Two of Four Units, Totaling 50% of the GLA • Located on US-1/South Dixie Highway with Direct Frontage and Exposure to Over 57,500 Vehicles Per Day, Providing Exceptional Visibility for Tenant • Positioned in the Heart of Palmetto Bay, a Densely Populated, Affluent Residential Corridor of South Miami-Dade County. • Dense National Credit Retail Corridor Featuring Publix, Target, BJ's Wholesale, Trader Joe's, Whole Foods, Marshalls, and The Home Depot

Market Context

This retail in Miami, FL is listed for sale. It is offered at an approximate 7.1% capitalization rate, a key benchmark for income-producing retail assets. The building dates to 1986. Compare it against other retail listings for sale in Miami, FL — view the full market.

As of Q4 2025, the Miami retail market showed a 3.1% vacancy rate, and rents up 1.4% year over year. Source: multiple brokerage reports, Q4 2025.

Rising rents point to a competitive market where well-priced, well-located assets trade quickly.

Retail market FAQ

Is the Miami retail market tightening or softening?
Vacancy is around 3.1%, with asking rents rising year over year (Q4 2025).

Estimated Price per SF

$153.03/SF – $1,113/SF

Mid: $463.72/SF

About 8 in 10 recent recorded sales fell within a range this wide around the estimate. An automated estimate, not an appraisal.

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