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Prime Commercial Property On West Dixie Hwy 15150 W Dixie Hwy

3,909 SF Retail Building North Miami Beach, FL 33162 $3,558,999 ($910.46/SF) 6.07% Cap Rate

INVESTMENT HIGHLIGHTS

  • ***Cooperating Broker commission of 2% paid upon successful funding and closing of transaction***
  • Over 17,000 vehicles passing daily as per Florida Highway data.
  • Business District (B1 & B2), offering significant development for buildings up to 15 stories high.
  • TWO lots totaling 25,326 sq ft of land.

EXECUTIVE SUMMARY

HUGE PRICE REDUCTION! Prime Commercial Property on West Dixie Hwy – Development or Auto Business Opportunity
Unbeatable Deal in North Miami Beach! We just slashed the price on this high-visibility commercial property, making it one of the best investment opportunities in the area! Situated on West Dixie Highway, this property offers outstanding exposure with over 17,000 daily passing vehicles (per Florida Highway data).
Currently operating as a fully equipped auto repair and collision center, this 25,326 sq. ft. property presents a turnkey business opportunity or a high-value redevelopment site in one of the city’s most active commercial corridors.
Property Highlights:
- NOW PRICED TO SELL! Take advantage of this rare opportunity at a significantly reduced price
- Size & Structure – Two expansive lots totaling 25,326 sq. ft. with a 4,000+ sq. ft. facility
- Business-Ready – Fully operational auto repair shop with an active repair license and dealership permit
- Equipped for Success – Includes private offices, bathrooms, a paint booth, frame machines, and five lifts with bays
- Prime Zoning (B1 & B2) – Allows for buildings up to 15 stories, unlocking multiple business and development possibilities
Zoning & Development Potential:
Located in the General Business District (B1 & B2), this property is primed for commercial, mixed-use, and residential projects. Possible uses include:
- Retail & Services – Restaurants (no drive-thru), pharmacies, general retail, and personal services
- Specialty Businesses – Medical marijuana dispensaries, microbreweries, wineries, distilleries, and pain management clinics
- Entertainment & Cultural – Theaters, museums, art/music schools, and public event spaces
- Office & Educational – Professional offices, business training centers, and vocational schools
- Residential & Mixed-Use – Multifamily housing, boutique developments, and live-work spaces
Why This Deal Won’t Last Long:
- MAJOR PRICE REDUCTION – Act Now Before It’s Gone!
- High-traffic corridor with prime visibility
- Immediate business potential with active licenses and permits
- Strong appreciation & redevelopment upside in a booming market
This is your chance to secure an incredible commercial asset at a significantly reduced price! Whether you're looking to expand an existing business, redevelop into a high-density project, or secure a high-yield investment, this property is a can't-miss opportunity!
Call us today for details and to schedule a private showing before it’s gone!

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Auto Repair
Building Size
3,909 SF
Building Class
C
Year Built
1952
Price
$3,558,999
Price Per SF
$910.46
Cap Rate
6.07%
NOI
$216,143
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
0.58 AC
Opportunity Zone
Yes
Zoning
B-2 - This property is zoned for a wide variety of business uses, making it a prime candidate for redevelopment or continued use auto repair facility.
Parking
4 Spaces (1.02 Spaces per 1,000 SF Leased)
Frontage
66’ on Dixie Hwy

AMENITIES

  • Bus Line
  • Pylon Sign
  • Signage
Walk Score®
Very Walkable (77)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

Snap Fitness 24/7
CrossFit
Valley National Bank
Starbucks
Santander
Bravo Supermarkets
Chase Bank
Publix
Checkers
Boston Market

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
07-2216-002-0580
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$865,365
  • Listing ID: 32786127

  • Date on Market: 8/13/2024

  • Last Updated:

  • Address: 15150 W Dixie Hwy, North Miami Beach, FL 33162

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