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9050 SW 152nd St
Palmetto Bay, FL 33157

Palmetto Bay Retail Center · Retail Property For Sale

Investment Highlights

  • The property has 107 feet of street frontage with a 75,000 VPD count.
  • Major nearby businesses include Publix, CVS, National Banks, and Shops at The Falls.
  • The 642sqft structure sits on a 13,000sqft lot at the recognizable corner of South Dixie Hwy and 92nd Ave.

PROPERTY FACTS

Property Type
Retail
Property Subtype
Freestanding
Building Size
642 SF
Building Class
B
Year Built/Renovated
1965/1993
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
0.32 AC
Zoning
BU-1 - It's zoned commercial/retail and has a functional drive-thru with building signage onto one of Miami's major roads (US-1).
Parking
13 Spaces (20.25 Spaces per 1,000 SF Leased)
Frontage
45 FT on 152nd St

Amenities

  • Pylon Sign
  • Signage
  • Signalized Intersection
  • Drive Thru

About 9050 SW 152nd St , Palmetto Bay, FL 33157

One Sotheby's, as an exclusive listing agent, is pleased to present this prime retail opportunity located at 9050 SW 152 ST. The 642sqft structure sits on a 13,000sqft lot at the recognizable corner of South Dixie Hwy and 92nd Ave. The property has 107 feet of street frontage with a 75,000 VPD count. It's zoned commercial/retail and has a functional drive-thru with building signage onto one of Miami's major roads (US-1). Major nearby businesses include Publix, CVS, National Banks, and Shops at The Falls. In addition, major thoroughfares surround the property’s neighborhood such as the Florida Turnpike and direct access to Palmetto Expressway. Prime Investment opportunity, Tenant responsible for all the 3 key expenses of the property: Property Tax, Insurance and maintenance. The property is strategically located and well positioned on Colonial Drive, just west of U.S. Highway 1 in Miami, Florida. The opportunity offers an investor a stabilized asset with a solid tenant that holds a strong lease while providing future upside in repositioning the leases to a triple net basis. The asset has been exceptionally maintained, presenting an opportunity with little to no deferred maintenance in a rapidly growing market. This South Dixie Retail Opportunity has prime location just South of the Falls, a 55-acre shopping center home to more than 100 specialty stores, restaurants, and cafes. The building sits on US-1, is less than five minutes from Florida Turnpike, and within walking distance of the South Dade Busway. Location and exposure reaching more than 313,000 Residents living within a five-mile radius in Palmetto Bay and Pinecrest. Signage on US-1 visible to over 75k vehicles per day with a variety of restaurants, service providers and retailers.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
33-5028-000-0140
Land Assessment
$550,651
Improvements Assessment
$9,680
Total Assessment
$560,331
  • Listing ID: 25523913

  • Date on Market: 4/21/2022

  • Last Updated:

  • Address: 9050 SW 152nd St, Palmetto Bay, FL 33157

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