16385 W Dixie Hwy - Freestanding FOR SALE


North Miami Beach, FL 33160- Fulford Bythe Sea
$2,900,000 USD
305-602-5020
16385 W Dixie Hwy, North Miami Beach, FL for Sale
$2,900,000 USD
Freestanding - FOR SALE
1/6
null | Request Cap Rate

16385 W Dixie Hwy
North Miami Beach, FL 33160
Fulford Bythe Sea


HIGHLIGHTS

  • Former Laurenzos Market – well-known neighborhood landmark with built-in recognition
  • Prominent W Dixie Hwy frontage – high visibility and easy access on a major corridor
  • Large existing building – ±22,334 SF footprint that can support a re-tenant / value-add plan
  • Currently vacant – clean path for immediate repositioning or redevelopment planning
  • In-place urban corridor momentum – benefits from ongoing area reinvestment and surrounding growth
  • Roadway improvement plan – minor right-of-way dedication request noted (limited impact; mainly a front edge/setback adjustment)

OVERVIEW

Property Highlights: * High-visibility retail opportunity along W Dixie Hwy in North Miami Beach * Shadow-anchored by McDonald’s with strong built-in traffic generation * Surrounded by dense residential neighborhoods and established retail demand * Positioned near fully approved multifamily development, supporting future customer activity * Located within the CRA, with planned corridor and streetscape improvements expected to enhance visibility and accessibility * Strong nearby traffic counts reinforce appeal for high-exposure retail concepts

FOR SALE DETAILS

PRICE

$2,900,000 USD

PRICE/SF

$130 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1953

SPRINKLERS

-

PARKING SPACES

25

LAND DETAILS

LAND ACRES

0.6 AC

LAND SF

26,112 SF

ZONING

B-2

APN/PARCEL ID

07-2216-003-0010

ASK ABOUT THIS PROPERTY

Mika MattinglyColliersMore Info
305-602-5020

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Mika MattinglyColliersMore Info
305-602-5020

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.