How do I schedule a tour of 12985 W Dixie Highway, North Miami, FL 33161?

Use the Tour button on this listing to request a showing of 12985 W Dixie Highway, North Miami, FL 33161. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity Realty agent will confirm your visit, often the same day.

Is 12985 W Dixie Highway, North Miami, FL 33161 still available?

12985 W Dixie Highway, North Miami, FL 33161 is currently listed as Active, and has been on the market 303 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.

How much is the monthly payment for 12985 W Dixie Highway, North Miami, FL 33161?

With 20% down ($420,000) on the $2,100,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 12985 W Dixie Highway, North Miami, FL 33161 is about $11,036/mo, before property taxes, insurance. Use the payment estimate on this page to adjust the down payment and rate.

How do I get pre-approved to buy 12985 W Dixie Highway, North Miami, FL 33161?

Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 12985 W Dixie Highway, North Miami, FL 33161. Contact Pure Equity Realty and we'll connect you with a trusted local lender to review your financing options, no obligation.

Can I negotiate the price of 12985 W Dixie Highway, North Miami, FL 33161?

Often, yes. The right offer on 12985 W Dixie Highway, North Miami, FL 33161 depends on how it's priced against comparable commercial sales in North Miami, how long it's been listed, and how motivated the seller is. Pure Equity Realty will run the comps and help you craft a competitive, well-supported offer.

Active

303 Days on Market

1 / 15

All Listings

$2,100,000

12985 W Dixie Highway

North Miami, FL 33161

Explore the area: North Miami homes for sale · Miami Dade County real estate

Bedrooms

Bathrooms

Living Sq Ft

1956

Year Built

Estimated monthly payment

$11,036 /mo

Principal and interest only, based on $420,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.

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Listing Snapshot

Price: $2,100,000
Days on Site: 303 Days
Bedrooms: 0
Total Baths: 0
Total Sq Ft: 7,742 sqft
Lot Size: 0.18 Acres
Year Built: 1956
Property Type: Commercial
MLS #: A11897492
Property Tax: $13,687 (2024)
County: Miami Dade
Status: Active

About This Property

Stabilized 7-Unit Retail Investment | 6.66% Cap | Value-Add Offered at $2,000,000, this fully leased neighborhood retail center sits on a high-visibility corner at 12985 W Dixie Hwy in North Miami. The 7,742 SF building offers strong frontage, parking, and steady traffic exposure. The property generates $146,936 gross income with an estimated $133,249 NOI, reflecting a 6.66% cap rate. All seven units are leased to established tenants on 2–3 year terms, providing stable cash flow with near-term upside. Several rents are below market, offering repositioning potential, and one underperforming unit presents additional value-add opportunity. Built in 1956, zoned 6600, and surrounded by ongoing development. Detailed rent roll and financials available with NDA.

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General Features

Property Type: Commercial
Status: Active
Year Built: 1956
Property Condition: Resale
Number of Stories: 1
Lot Size (Acres): 0.18
Total Sq Ft: 7,742
Structure Type: Retail
Sewer: Public Sewer
Water Source: Public
Zoning: 6600

Interior Features

Cooling: Central Air

Exterior Features

Lot Features: Corner Lot

Community & HOA

Community Features: Shopping
Financing Terms: Cash
MLS Area: 2220

About the Area

North Miami

View North Miami Real Estate →

Browse North Miami homes for sale across every neighborhood and price point in Miami-Dade. Available homes span single-family, townhome, and condo segments throughout the city. North Miami includes gated golf communities, 55+ active adult neighborhoods, waterfront estates, and newer master-planned subdivisions. HOA fees vary by community type, from modest maintenance fees in non-gated subdivisions to higher dues in full-amenity country clubs. The city sits within Miami-Dade, offering access to South Florida beaches, major employment centers, and healthcare hubs. For current Miami-Dade market data, see Florida Realtors' monthly statistics. Browse the latest North Miami listings below. Then connect with a Pure Equity Realty agent to schedule a private showing.

Homes for Sale: 547
Under Contract: 67
Median List Price: $355,950
Median Sale Price (August): $457,500
Median $/Sq Ft: $277
Avg Days on Market: 133

View all 547 homes for sale in North Miami →

Frequently Asked Questions

How do I schedule a tour of 12985 W Dixie Highway, North Miami, FL 33161?: Use the Tour button on this listing to request a showing of 12985 W Dixie Highway, North Miami, FL 33161. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity Realty agent will confirm your visit, often the same day.
Is 12985 W Dixie Highway, North Miami, FL 33161 still available?: 12985 W Dixie Highway, North Miami, FL 33161 is currently listed as Active, and has been on the market 303 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
How much is the monthly payment for 12985 W Dixie Highway, North Miami, FL 33161?: With 20% down ($420,000) on the $2,100,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 12985 W Dixie Highway, North Miami, FL 33161 is about $11,036/mo, before property taxes, insurance. Use the payment estimate on this page to adjust the down payment and rate.
How do I get pre-approved to buy 12985 W Dixie Highway, North Miami, FL 33161?: Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 12985 W Dixie Highway, North Miami, FL 33161. Contact Pure Equity Realty and we'll connect you with a trusted local lender to review your financing options, no obligation.
Can I negotiate the price of 12985 W Dixie Highway, North Miami, FL 33161?: Often, yes. The right offer on 12985 W Dixie Highway, North Miami, FL 33161 depends on how it's priced against comparable commercial sales in North Miami, how long it's been listed, and how motivated the seller is. Pure Equity Realty will run the comps and help you craft a competitive, well-supported offer.

Listing courtesy of Fortune Christie's Intl R.E.

Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity Realty. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated June 23, 2026.

$2,100,000