18403 S DIXIE HWY, Cutler Bay, FL 33157

18403 S DIXIE HWY, Cutler Bay, FL 33157 is a community shopping center : retail outlet built in 1984 with 250,133 square feet of living space on a 1,188,054 square foot lot. The property is currently owned by SOUTH DADE SHOPPING LLC C/O PRINCIPAL REAL EST INVESTORS, recorded as of 2026-04-19. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2012-12-21 for $40,500,000, when WRI TC S DADE SHOPPING CENTER LLC sold to SOUTH DADE SHOPPING LLC. The property sold for $11,236,335 less than the prior sale of $51,736,335 on 2006-09-01. There are 3 recorded sales for this property.

The 2025 assessed value is $53,632,784 with a market value of $53,632,784. This breaks down to $30,889,404 for the land and $22,743,380 for the building. The assessed value increased 2% from $52,668,880 in 2024.

The median household income in this area is $87,096, and the median home value is $608,000. The population density is 4,240 people per square mile. 18403 S DIXIE HWY, Cutler Bay, FL 33157 is located in Cutler Bay, Florida.

Property records, tax assessments, sales history, and ownership information for this Cutler Bay property are sourced from miami_dade County public records. The complete ownership history of this property spans from 2005 to 2012, with 3 recorded transactions in the public record. The current assessed value represents 132% of the most recent sale price.

This high ratio could indicate the property was purchased below market value — a potential sign of a distressed sale or off-market deal. Based on the most recent sale, this property traded at $162 per square foot — a key metric for comparing value across Cutler Bay's real estate market..