Mixed Use for sale

$85

1586 S Dixie HwyCoral Gables, FL 33146

  • 10,005 Lot sq ft
  • 1976 Built

About this home

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.

Details

MLS #
A12043241
Property type
Mixed Use
Status
Active
Days on market
62
County
Miami-Dade County
Property taxes
$47,515 (2025)
Waterfront
No
Private pool
No
Cooling
Central Building A/C

Location

Estimated payment

$3,960/mo with 20% down at 6.5% for 30 years, including taxes, before insurance.

Adjust in the mortgage calculator

Listing courtesy of BHHS EWM Realty · Scott Shuffield. Listing last updated August 26, 2026 6:18 PM.

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The multiple listing information is provided by the MIAMI Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2026 MIAMI Association of REALTORS®. All rights reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Data last updated October 25, 2026 2:59 AM.

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