Commercial Sale · Income/MultiFamily
12085 W Dixie Hwy, Biscayne Park FL 33161, BISCAYNE PARK, FL, 33161
Active110 days on marketListed Apr 21, 2026MLS #A11989193
About this property
The property at a glance
Spectacular Waterfront DUPLEX Property just Steps from Downtown NoMi. INCREDIBLY VERSATILE PROPERTY w/ MANY OPTIONS. High Ceilings, Bright Light, Flowing Spaces. Two-Story Building Sitting DIRECTLY ON THE CANAL! Large Balconies Overlooking the Water. Spacious Units, INCREDIBLE Condition Throughout, BUILT IN 1984, SOMEWHAT NEVER CONSTRUCTION + FULLY REMODELED IN RECENT YEARS, Meticulously Maintained Inside and Out. IMPACT WINDOWS & DOORS, Updated Plumbing / Electric, Kayak Launch, Etc. Tons of Parking with Freshly Treated Asphalt. INCREDIBLE INCOME POTENTIAL. Units Rent Quickly in This Location to Excellent Tenants. Canal-Front Income-Producing Assets of This Caliber Simply Do Not Come to Market. A++ Safe and Walkable Location: Walk to North Miami Downtown and Griffin Park. Central Location, Just 6 Mins to Whole Foods, 10 to Wynwood, 12 to Aventura Mall and Miami International Airport, 14 to Brickell and Surfside Beach. Call Today!
4,193
Building sq ft
$298
Price / sq ft
10,135
Lot sq ft
1984
Year built
0100
Zoning
Income/MultiFamily
Property type
The numbers
Investment snapshot
1%
Cap rate
$11,985
Net operating income
$14,650
Gross income (yr)
Estimated payment (illustrative)
Estimated payment
$6,927/mo
Illustrative only. Commercial loans are underwritten on the property’s income (DSCR, cap rate) — typically 25–35% down with lender-set terms. Ask a commercial lender for real numbers. Estimates only — taxes at 1.1%/yr and typical insurance; your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Financing
Commercial financing works differently from a home loan — expect roughly 25–35% down with terms driven by the property’s income and your lender’s underwriting (DSCR, cap rate), not FHA or VA programs. Ask David to connect you with a commercial lender for real numbers.
Where it sits
Location & trade area
What’s nearby
Business data © OpenStreetMap contributors
The area
Who's around this property
54,128
Population
$55,265
Median income
37.5
Median age
2.95
Avg household
$376,500
Median home value
$1,494/mo
Median rent
6,165
Households w/ kids
Recent sales
What actually sold near 12085 W Dixie Hwy
The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.
$1,000,000
2191 NE 167th St, North Miami Beach FL 33162
Sold Aug 30, 2024
$895,000
7525 NE Miami Ct, Miami FL 33138
Sold Sep 5, 2024
$852,000
60 NW 77th St, Miami FL 33150
Sold Oct 15, 2024
Your team
The pros in your corner
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, offers, and every question about 12085 W Dixie Hwy — start here.
Financing contact
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Ask about commercial financing options for 12085 W Dixie Hwy.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Listing courtesy of EXP Realty LLC · John Salt. MLS #A11989193.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Miami Association of REALTORS®.
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