Dixie Self Storage is a Class A, 7-story climate-controlled facility in North Miami Beach’s Opportunity Zone. Comprising ~1,070 units across 163,600 sq ft (116,200 sq ft rentable) on a fully entitled 1.37-acre site, this shovel‑ready asset was financed via a $17.8 M construction loan and $8.65 M JV equity (10‑year term). With excellent street visibility (~61k VPD), compelling rent growth (~13% YoY as of March 2022), and proximity to affluent coastal neighborhoods, the property offers strong cash‑flow potential and strategic tax advantages.
Miami, FL
A mixed-use development with housing, retail, and community space.
A mixed-use development with housing, retail, and community space.
A mixed-use development with housing, retail, and community space.