Interior
- Bathrooms
- 0
- Flooring
- Tile
- Cooling
- Central Air
- Heating
- Central
Active · CommercialSale
$850,000
12831 W Dixie Highway, North Miami, FL 33161
- Beds
- —
- Baths
- 0
- Living area
- — sq ft
- $ / sq ft
- —
- Year built
- 1954
- Lot size
- 5,250 sq ft
- HOA fee
- —
- Annual tax
- $4,343
About this property
Turn-Key Restaurant on Busy West Dixie Hwy Free-standing, fully built-out 2nd-generation restaurant with true plug-and-play infrastructure. Recent capital upgrades include new roof, new 5-ton A/C, new 400-amp electrical, impact windows, and a full commercial kitchen featuring two grease traps, two steam-injection ovens, and two conventional ovens. Currently operating as a coffee/bakery concept, the 1,325 SF building sits on a 5,250 SF lot with storefront visibility on W. Dixie Hwy. Traffic counts along this stretch exceed 38,000 cars daily. C-3 Zoning, serving uses including restaurant, retail, office, and services. SoLé Mia “mini-city” is rising 5 minutes away a 184 acre master-planned community adding thousands of residents and shoppers.
Property location
Get Directions12831 W Dixie Highway, North Miami, FL 33161
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Facts & features
Exterior & Structure
- Property type
- CommercialSale
- Year built
- 1954
- Stories
- 1
- Lot size
- 5,250 sq ft
- Roof
- Concrete
- Construction
- Brick, CBSConcrete Block Structure, Block
- Exterior features
- Fence
Parking
- Covered spaces
- 0
- Parking features
- Assigned
HOA, Community & Financials
- Fee inclusions
- Sewer, Water
- Security
- Other, Smoke Detectors
- Annual tax
- $4,343
- County
- Miami-Dade
- Days on market
- 163
- MLS listing ID
- F10519205
- Listing status
- Active
Virtual tour
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Yield & ROI calculator
Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.
Estimated monthly cash flow
-$680
- Cap rate
- 4.7%
- Net yield
- 4.7%
- Cash-on-cash return
- -3.4%
- Gross yield
- 6.6%
- Mortgage payment
- $4,029/mo
- Down payment
- $212,500
- Loan amount
- $637,500
- Annual NOI
- $40,197
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.