Investment Overview

Marcus & Millichap is pleased to exclusively offer the sale of 13255 W Dixie Hwy, North Miami, FL 33161 The property consists of a free standing 850 square ft office building on a 19,005 square ft (0.44-acre) lot. The property sits on a highly desirable hard signalized corner on W Dixie Hwy and NE 9th Ave providing excellent visibility and accessibility. Average daily traffic counts of 20,500 vehicles on W Dixie Hwy. The property is in great condition and move-in ready, ideal for an owner user seeking a strategic location for their business/office. North Miami’s favorable C-1 zoning allows for a wide-range of business/commercial uses. The property will be delivered vacant at closing. The investment also offers strong redevelopment potential. Current zoning allows for 100 residential units / acre and up to 9 stories to be built, equating to 44 units for this site with potential to increase density further. The area is rapidly changing with multiple high-density residential projects such as the Gardens Residences with 300+ Units, as well as the Manor Biscayne Building with 386 Units currently under construction. The investment presents a unique opportunity for an investor to own a high-quality asset in one of Miami’s rapidly growing neighborhoods.