21855 S Dixie Hwy, Miami, FL 33170 — MLS photo

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21855 S Dixie Hwy, Miami, FL 33170

Active · Retail

$1,100,000

21855 S Dixie Hwy, Miami, FL 33170

Beds
—
Baths
0
Living area
— sq ft
$ / sq ft
—
Year built
1930
Lot size
8,906 sq ft
HOA fee
—
Annual tax
—

About this property

Turnkey Reggae Lounge for sale at a signalized corner of US-1 and SW 220th Street in the rapidly growing Goulds area of Miami. Situated on an 8,906 SF lot with a 490 SF existing structure, this highly visible property benefits from exposure to approximately 40,000 vehicles daily along US-1, making it ideal for owner-users or developers. Zoned for retail, the site offers exceptional flexibility with the potential to develop a standalone retail store, restaurant, office space, or an entertainment-oriented concept, capitalizing on strong traffic counts and continued neighborhood growth. This is a rare opportunity to secure a strategic corner location with both immediate income potential and long-term redevelopment upside.

Property location

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21855 S Dixie Hwy, Miami, FL 33170

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Facts & features

Interior

Bathrooms
0

Exterior & Structure

Property type
Retail
Year built
1930
Lot size
8,906 sq ft

Parking

Not provided in the MLS listing.

HOA, Community & Financials

County
Miami-Dade
MLS listing ID
A11956304
Listing status
Active

Investment intelligence

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

-$2,153

Cap rate
3.3%
Net yield
3.3%
Cash-on-cash return
-8.4%
Gross yield
6.6%
Mortgage payment
$5,215/mo
Down payment
$275,000
Loan amount
$825,000
Annual NOI
$36,740

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.