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$85 Just Listed
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Property Description
Rare opportunity to lease a freestanding 3,333 SF retail building on a 10,005 SF lot along one of Coral Gables' most prominent commercial corridors. Ideally positioned on high-visibility South Dixie Highway/US-1, the property offers exceptional brand exposure, dual access from South Dixie Highway and Madruga Avenue, and parking for up to 22 vehicles, including 15 individual spaces, 3 tandem spaces, and 1 ADA space. Formerly home to the iconic Swensen's Ice Cream and Misha's Cupcakes, this landmark location benefits from strong recognition, excellent accessibility, and proximity to affluent residential neighborhoods, the University of Miami, Downtown South Miami, Metrorail, Baptist Health, and the transformational Sunset Place redevelopment. Ownership prefers a bank, national credit tenant, or investment-grade retailer, but will consider other quality users. An excellent opportunity for retail, restaurant, financial institution, medical, or service-oriented businesses seeking a premier standalone location in the heart of the US-1 corridor.
Full Property Details
Full Property Details for 1586 S Dixie Hwy
General
- Price: $85
- Taxes: $47,515 (2025)
- Status: Active
- Type: Commercial Lease
- Source: Greater_Miami
- MLS ID: A12043241
- Updated: 6/25/2026
- Added to Site: 1 day(s) ago
Rental Information
- Lease Info: NNN
Interior
- Flooring: Tile
Additional Information
- Security/Safety: Security System
Parking
- Total Spaces: 22
- Parking Features: Free Parking, Guest, On Street
Location
- County: Miami-Dade County
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Building A/C
- Heating Type: Central Electric, Central Building A/C
Utilities
- Sewer: Public Sanitation
- Water: Public
Structural Information
- Structure Type: Free Standing, Office, Restaurant, Retail
- Detached/Attached: Detached
- Construction: CBS Construction
- Roof: Built-Up
- Building Size: 3333
- Year Built: 1976
- Other Struct. Feat.: Heavy Traffic, Kitchen Facilities, Natural Gas, Restaurant
Lot Features
- Lot Size (Sq. Ft.): 10,005
- Frontage Feet: 50
- Lot Features: City Location
- Zoning: 5003
Financial Considerations
- Insurance Fee: $24,000
- Tax Amount: $47,515
- Tax Year: 2025
- Tenant Pays: A/C & Heating Maintenance, Common Area Maintenance, Exterior Electric, Electricity, Gas, Water
Disclosures and Reports
- Special Conditions: Lease
- Documents Avail.: Aerial Photo(S), Photos, Site Plans, Existing Survey
- Legal Description: C GAB RIV SEC REPLAT OF BLK 199 PB 53-97 TRS I & J LOT SIZE 10005 SQ FT OR 18408-1884 1198 4 COC 26215-2852 02 2008 5
- Property ID: 03-41-30-010-0070
Listed by BHHS EWM Realty
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Schools
Schools serving 1586 S Dixie Hwy
School District:Dade County School District
| Name | Grades | Distance |
|---|---|---|
Sunset Elementary School 5120 Sw 72nd St, Miami, FL 33143 | PK-5 | 0.6 mi |
Ponce De Leon Middle School 5801 Augusto Street, Coral Gables, FL 33146 | 6-8 | 1 mi |
Coral Gables Senior High School 450 Bird Road, Coral Gables, FL 33146 | 9-12 | 2.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1586 S Dixie Hwy
Date
Details
Price
Change
Source
6/25/2026
Listed
$85
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1586 S Dixie Hwy
1586 S Dixie Hwy, Coral Gables, FL 33146 (MLS# A12043241) is a Commercial Lease property. 1586 S Dixie Hwy is currently listed for $85 and was received on June 25, 2026. Want to learn more about 1586 S Dixie Hwy? Do you have questions about finding other Commercial Lease real estate for sale in Coral Gables? You can browse all Coral Gables real estate or contact a Coldwell Banker agent to request more information.

