Retail Space
20500 South Dixie Highway Cutler Bay, FL 33189
Details & Description
Price: $1,930,000
    ELM Group at Keller Williams is proud to present a Redevelopment Opportunity assemblage of two adjacent folios at 20500 S.Dixie Hwy (36-6007-000-0051) and 20462 S.Dixie Hwy (36-6007-000-0031) located in the Town of Cutler Bay.20500 S.Dixie Hwy is a corner lot of 13,504 SF, that currently houses a successful Peruvian Restaurant. While 20462 S.Dixie Hwy holds 10 retail/office spaces within a 2-story building that sits on 12,500 SF. The property sits right on the Rapid Transit Busway, just a block from the nearest Publix and Target Store. It’s within a designated Opportunity Zone(Development Zone) and it’s primed for Redevelopment, due to its recent Town Center District zoning, which accommodates the higher overall intensity of development (250 units/acre) required to support the town.
    Property Highlights
     Mixed-Use Redevelopment Opportunity at Hard Intersection of Southland Mall and Target Megastore
     New Town Center District Zoning allows for Mixed-Use Redevelopment of 18 Stories 250 unitsacre
    Listing Agents
    Enrique Luis Montoya
    KW Commercial
    O: 305-753-9826
    M: 305-753-9826
    enrique_montoya@kw.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    20500 South Dixie Highway

    Cutler Bay, FL 33189

    Retail For Sale

    Listing ID: 271150
    • 20500 South Dixie Highway Cutler Bay, FL 33189 | for Sale | Photo 1
    • 20500 South Dixie Highway Cutler Bay, FL 33189 | for Sale | Photo 2
    • 20500 South Dixie Highway Cutler Bay, FL 33189 | for Sale | Photo 3
    20500 South Dixie Highway | for Sale | Thumbnail 1
    20500 South Dixie Highway | for Sale | Thumbnail 2
    20500 South Dixie Highway | for Sale | Thumbnail 3
    Building Size: 10,420 SF
    Lot Size: 31.000 AC
    Land Size: 1,350,360 SF
    Building $/SF: $185.22
    Land $/SF: $1.43
    Price
    $1,930,000
    Property Highlights
    Mixed-Use Redevelopment Opportunity at Hard Intersection of Southland Mall and Target Megastore
    New Town Center District Zoning allows for Mixed-Use Redevelopment of 18 Stories 250 unitsacre
    Commercial Retail on Ground Floor Residential Redevelopment Opportunity on Higher Floors
    Description

    ELM Group at Keller Williams is proud to present a Redevelopment Opportunity assemblage of two adjacent folios at 20500 S.Dixie Hwy (36-6007-000-0051) and 20462 S.Dixie Hwy (36-6007-000-0031) located in the Town of Cutler Bay.

    20500 S.Dixie Hwy is a corner lot of 13,504 SF, that currently houses a successful Peruvian Restaurant. While 20462 S.Dixie Hwy holds 10 retail/office spaces within a 2-story building that sits on 12,500 SF. The property sits right on the Rapid Transit Busway, just a block from the nearest Publix and Target Store. It’s within a designated Opportunity Zone(Development Zone) and it’s primed for Redevelopment, due to its recent Town Center District zoning, which accommodates the higher overall intensity of development (250 units/acre) required to support the town.

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Miami History of Retail Space for Sale

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    Cutler Bay Area Market Trends

    Listing Demographics for 20500 South Dixie Highway Cutler Bay, FL 33189

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population19,513134,559273,799
    Population Median Age393738
    Population by Age0-9 Yrs2415 (12%)18542 (13%)34558 (12%)
    10-19 Yrs2499 (12%)18093 (13%)38619 (14%)
    20-29 Yrs2691 (13%)17800 (13%)36226 (13%)
    30-39 Yrs2394 (12%)18235 (13%)35466 (12%)
    40-49 Yrs2774 (14%)19686 (14%)41189 (15%)
    50-59 Yrs2835 (14%)18137 (13%)38519 (14%)
    60-69 Yrs1611 (8%)12069 (8%)24511 (8%)
    70+ Yrs2295 (11%)11996 (8%)24712 (9%)
    Median HH Income$34,559$57,669$64,177
    Total Household Income< 24K2284 (36%)7552 (19%)13428 (17%)
    25-49K1919 (30%)9247 (24%)16628 (21%)
    50-74K1061 (16%)7144 (18%)14751 (19%)
    75-99K597 (9%)5288 (13%)10221 (13%)
    100-199K391 (6%)7595 (19%)16995 (22%)
    200K+30 (0%)1165 (3%)4939 (6%)
    Highest Education LevelNo Diploma34661572827785
    Diploma or GED51052947454568
    Some College17961567431478
    Assoc. Degree919833518897
    Bachelors Degree17281540834554
    Higher Degree380550416163
    Total Housing Units6,85440,45881,824
    --Owner-Occupied2,64223,63250,872
    --Renter-Occupied3,63914,35926,091
    Owner-Occupied Values< 100K1588771780
    100-199K112653489434
    200-299K1014945917779
    300-399K297586811012
    400-499K2513424408
    500K+227386459
    Total Working Age Population15,830105,224215,869
    In Work Force9,33467,881139,914
    Not In Work Force6,49637,34375,956
    Workforce Employed8,73564,001131,880
    Workforce Unemployed5633,7867,828
    Civlian Workforce9,29867,787139,708
    Military Workforce3694205
    Total Households6,28137,99176,963
    Family Households4,51230,51262,738
    Non-Family Households1,7697,47914,225
    Married Couple2,53619,02741,776
    Other Family1,97611,48620,961
    Married w/Child9498,84419,326
    Single Male w/Child2381,5682,630
    Single Female w/Child6924,0417,391

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Florida15,982,378+1818,801,310+1421,517,610+1324,340,457
    Miami-Dade County2,253,362+112,496,435+152,861,579+113,190,242
    Monroe County79,589-873,090+174,004074,301

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 20500 South Dixie Highway in Cutler Bay?
    The asking price for 20500 South Dixie Highway is $1,930,000
    What is the building size of this Retail property in Cutler Bay, FL?
    The size of the building/unit at 20500 South Dixie Highway in Cutler Bay is 10,420 square feet
    How much land does the Cutler Bay, FL property at 20500 South Dixie Highway include?
    20500 South Dixie Highway in Cutler Bay includes 31.000 acres of land
    What kind of Retail is the propery at 20500 South Dixie Highway?
    The property at 20500 South Dixie Highway Cutler Bay, FL 33189 is listed as a Shopping Center Retail property
    What is the population within 1 mile of 20500 South Dixie Highway in Cutler Bay?
    The population within 1 mile of 20500 South Dixie Highway Cutler Bay, FL 33189 is 19,513 people.
    Who do I contact for questions about 20500 South Dixie Highway?
    You should contact the listing agent, Enrique Luis Montoya, for any details regarding this commercial listing.

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    Closest Commercial Airports

    Airport Distance (mi)
    Miami International Airport (MIA) 16
    Fort Lauderdale Hollywood International Airport (FLL) 37
    Palm Beach International Airport (PBI) 78