This is a news story only, not a listing.
It has been officially reported that the property located at 11325 S Dixie Hwy in Pinecrest within zip code 33156 and with the folio number 20-0100-025-0030 sold on May 27, 2016. The sale type was recorded as "Not exposed to open-market; atypical motivation." Sales prices as recorded by the property appraiser frequently do not represent the whole story; thus full transaction details should be confirmed with the parties. Specific information about the buyer and seller in this transaction may be found by navigating to our property appraiser links for this property, clicking through on the link to "Main Page with Lot Outline, Aerial Views," then clicking through on the applicable sale on the date May 27, 2016 and with an amount of $66,500,000.00 about two thirds down the page, under the heading "Sales Information."
When considering this 11325 S Dixie Hwy property sale one should consider other properties within its zip code 33156, some of which are currently for sale in this same zip code, as well as off-market listings in the area. Information on prior sales of area properties as well as current listings can be useful to gauge area pricing, but are not perfectly reliable. Current zip code 33156 demographics information, with a dizzying array of charts, can be informative, as can the Zip Code 33156 Commercial Property Investment Profile page, displaying metrics on sales trends, turnover, and more.
Commercial properties that are currently listed in zip code 33156 can also give a representation of current market value, although it should be noted that actual selling prices are a better indicator as an asking price for any property is only that, an asking price. It can also prove insightful to view other commercial property holdings of and other information related to the property's recent ownership . Finally, a review of nearby businesses and resources and area traffic levels can be insightful, allowing the prospective buyer to quickly get a feel for area commerce and resources.
A birdseye view of the property is displayed above and a street map of the location is below. Additional information on this property, including other sales transactions amounts and links directly to pages for this property at the Miami-Dade County Property Appraiser website, can be found at this site's information page for this property. Note that the above birdseye aerial view and map herein were generated using the address recorded with the county property appraiser for the folio entered for this listing and that they are provided on a best efforts basis only and are not guaranteed.
Update: This 11325 S Dixie Hwy property in Pinecrest within the zip code 33156 in Florida has subsequently been reported by the Miami-Dade Property Appraiser to have 46,955 adjusted square feet of building that was built in 1955 showing an effective year built of 1964. This 46,955 building adjusted square footage sets it in the 40,000 to 50,000 square feet range. Having 133,134 square feet of lot, one would generally place it in a 125,000 to 150,000 square feet (lot size) range. Further, again on a date after the sale, the property is referenced by Miami-Dade county as zoned 6200 - COMMERCIAL - ARTERIAL with a land use of 1611 - COMMUNITY SHOPPING CENTER : RETAIL OUTLET. This Miami-Dade reference for zoning is believed to translate into BU-1A zoning in Pinecrest, Florida, information about which may be found here. Any such (BU-1A zoned properties) in may be found here. Note that since this was reported subsequent to the sale, it is possible these were different at the time of the sale. 33birdsquan3
This information is provided on a best-efforts basis alone. Do not rely on this to make an investment or real estate related decision.
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NOTE: This is a commercial real estate sales new story only - NOT a listing - about the May 27, 2016 sale of the commercial real estate property with Miami-Dade folio number 20-0100-025-0030 (2050100250030 without the dashes) and an address of 11325 S Dixie Hwy in Pinecrest, Florida 33156.