Commercial Sale · Retail
, MIAMI LAKES, FL, 33014
Active399 days on marketListed Jun 16, 2025MLS #A11823071
About this property
The property at a glance
Lake Katharine Shopping Center is a soon-to-be-built 12,300 SF shopping center fronting Miami Lakes Drive/154 Street and west of 57th Avenue. Located at the entrance of Miami Lakes Business Park East, this shopping center services the needs of the businesses in the park and nearby residential neighborhoods.
12,300
Building sq ft
$0
Price / sq ft
101,738
Lot sq ft
1972
Year built
6400
Zoning
Retail
Property type
The numbers
Investment snapshot
Income and lease details aren’t published in the MLS for this listing. Ask for the offering memorandum and rent roll to run cap rate, NOI and cash-on-cash.
Estimated payment (illustrative)
Estimated payment
$3,013/mo
Illustrative only. Commercial loans are underwritten on the property’s income (DSCR, cap rate) — typically 25–35% down with lender-set terms. Ask a commercial lender for real numbers. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Financing
Commercial financing works differently from a home loan — expect roughly 25–35% down with terms driven by the property’s income and your lender’s underwriting (DSCR, cap rate), not FHA or VA programs. Ask Lyra to connect you with a commercial lender for real numbers.
Where it sits
Location & trade area
What’s nearby
The area
Who's around this property
40,742
Population
$74,934
Median income
42.1
Median age
2.76
Avg household
$398,400
Median home value
$1,720/mo
Median rent
4,818
Households w/ kids
Recent sales
What actually sold near
The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.
$3,100,000
4301-4311 Palm Ave, Hialeah FL 33012
Sold Jul 3, 2025
$28
Nearby listing
Sold Nov 7, 2024
$65
Nearby listing
Sold Aug 1, 2025
Your team
The pros in your corner
Your agent
Lyra Rae
Realtor · CENTURY 21 Edge
Tours, offers, and every question about — start here.
Financing contact
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Ask about commercial financing options for .
See it in person
Schedule a tour
Live availability from Lyra's calendar — pick a time and it's booked.
Keep looking
Similar properties nearby
Listing courtesy of The Graham Companies · Philip Wyllie. MLS #A11823071.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Miami Association of REALTORS®.
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