20462-20500 S Dixie Hwy, Cutler Bay FL 33189
$3,500,000
Est. Payment $18,628/mo
1964
Year Built
539
Days on Market
Description
Prime investment opportunity! This fully-leased property at 20462-20500 S Dixie Hwy in Cutler Bay features two buildings: an 8,584 sq. ft. retail strip and a 2,192 sq. ft. freestanding restaurant, situated on a 26,004 sq. ft. lot. Located on the high-traffic US-1, directly across from Southland Mall, this property generates an NOI of $210,000 annually. With excellent value-add and redevelopment potential, this property ideal for investors looking to enhance income streams or explore future development opportunities in a thriving commercial corridor.
Facts
- MLS#
- A11680034
- Subdivision
- —
- Property Type
- Commercial Sale
- Property Sub Type
- Retail
- Year Built
- 1964
- Lot Size
- 26,004 ft²
- Sq. Ft.
- —
- Sq. Mt.
- —
- Price per sq. ft.
- —
- Price per sq. mt.
- —
- Stories
- —
- Garage
- —
- Pool
- —
- Days on Market
- 539 days
- Listed
- Oct 21, 2024
- Last Updated
- Apr 14, 2026
- Price/Lot Sq.Ft.
- $135/ft²
Comparable homes
Same ZIP, similar price + bedrooms.
Market insights for Cutler Bay
Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.
Sellers market
May 2026
32
Median days to sold
+4.5%
1-year price forecast (est.)
Price & tax history
From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).
| 10/21/2024 | Listed for sale | $3,500,000 |
History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).
Location
GreatSchools Summary Ratings
Public + private K-12 schools within 5 miles of this listing.
Center Of Life Academy2,3,4,5,6,7,8,9,10,11,12 · private · 0.1 mi
- Meyga Learning Center
TK,KG,1,2,3,4,5,6,7,8,9 · private · 0.3 mi
- Georgia Jones Ayers Middle School
6,7,8 · public · 0.4 mi
- Kelsey L. Pharr Elementary School
PK,KG,1,2,3,4,5 · public · 0.5 mi
- Western General Education
9,10,11,12 · private · 0.5 mi
- Gospel Assembly Academy Inc
KG,6,7,8 · private · 0.5 mi
- Gospel Assembly Learning Center
1,2,3,4,5,6,7,8,9,10,11,12 · private · 0.5 mi
- Lenora Braynon Smith Elementary School
PK,KG,1,2,3,4,5 · public · 0.5 mi
- Orchard Villa Elementary School
PK,KG,1,2,3,4,5 · public · 0.5 mi
- Fortlo Academy
KG,1,2,3,4,5,6,7,8,9,10,11 · private · 0.5 mi
Data provided by GreatSchools.org © 2026. All rights reserved.Estimated Monthly Payment
$21,695/mo
Principal & Interest
$18,628
Property Tax
$2,917
Insurance
$150
HOA
$0
Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.
The data relating to real estate for sale on this website comes in part from the Southeast Florida Multiple Listing Service. MLS Data is deemed reliable, but is not guaranteed accurate by MIAMI REALTORS®.
Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may be a violation of federal and state law.
Copyright Southeast Florida MLS a/k/a SEFMLS © 2026.
Updated within 24 hours
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