21500 S Dixie Hwy 1.4 Acres of Commercial Land Offered at $4,700,000 in Miami, FL 33189

This 62,000 SF covered land opportunity presents a prime investment in South Miami-Dade, delivering significant development potential with exceptional accessibility. The property offers 800 feet of direct frontage along S Dixie Highway, a key commercial corridor, and benefits from proximity to a Bus Rapid Transit (BRT) stop that operates continuously, with arrivals every seven minutes, ensuring a strong transit-oriented appeal. The UC-MM zoning designation allows for flexible development options, including retail, residential, or mixed-use formats. For residential development, density can reach up to 250 units per acre via a live local application, which can be paired with additional incentives to optimize returns.
The location is surrounded by well-established neighborhoods, vibrant retail centers, and essential services, all within a highly connected urban setting. Its configuration—with a full block footprint and multiple street frontages—offers maximum design flexibility and ease of access for future projects. Currently, the site delivers income through two month-to-month tenants generating over $170,000 in gross annual revenue, providing an attractive holding strategy during the entitlement and permitting process. This combination of transit accessibility, generous density allowances, and existing income makes this property an outstanding long-term development and investment play in a rapidly growing market.