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Introducing a prime commercial listing offering an exceptional opportunity for investors and business owners. This 2-story office building spans a generous 32,489 sq ft and is currently vacant. Situated on one of the last remaining 3-acre properties in downtown Palmetto Bay, this property holds immense potential for major redevelopment ventures such as mixed-use developments, multifamily residences, and more. The location is strategically advantageous, being nestled within an opportunity zone, providing potential tax benefits for investors. Additionally, it is conveniently positioned within a half-mile radius of the new Hibiscus Street South Dade Rapid Transit Station, ensuring excellent accessibility and connectivity for tenants, customers, and employees.

The property has an excellent location along the east side of the South Dixie Highway corridor, the primary commercial thoroughfare in the area, meaning ample exposure to potential residents or consumers in the area. The property is zoned under the Eureka Sector of Palmetto Bay. The Eureka Sector provides transition from the large-scale development along US-1 to the smaller scale main street mixed-use environment and residentially focused Neighborhood Sector. This sector provides for flexible building types to accommodate commercial/retail at the ground-level and offices or multi-unit residential on the stories above, while respecting transitions to the east edge of the sector. 6 Folios: 33-5032-007-0050,33-5032-007-0110,33-5032-007-0100,33-5032-007-0090,33-5032-007-0080,33-5032-007-0061