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1870 NE 163 ST

1870 NE 163rd St, North Miami Beach, FL 33162, USA
$1,390,000

Description

APEX Capital Realty is proud to present a prime 3,397 Sq. Ft. commercial building sitting on an 8,184 Sq. Ft. lot located near a signaled intersection on the highly trafficked NE 163rd Street corridor in North Miami Beach. 

Zoned B-2, this property has a variety of allowable uses including Retail, Restaurant, Office, Bar/Lounge, Recording Studio, and More. Some conditional uses include Dispensary, Multi-family, and Medical. 

This property can be sold to an owner-user, or an investor looking to maximize on the strong rental rates afforded to this corridor due to its direct proximity to Biscayne Boulevard and I-95 access points. 

PROPERTY OVERVIEW:
Building Size: 3,397 SF
Lot Size: 8,184 SF (0.16 acres)
Lot Dimensions: 62’ x 132’
Zoning: B-2
Max. Height: 15 Stories / 150 FT
Allowable Uses: Retail, Restaurant, Office, Multi-Family, Bar/Lounge, School, Recording Studio, Public Assembly, and Brewery/Winery
Ceiling Height: 12 FT
Traffic Count: 43,500 VPD
Parking: 12 Spaces
Asking Price: $1,390,000
Cap Rate (Pro-Forma): 8.5% 

Property Documents

  • City: North Miami Beach
  • State/county: Florida
  • Country: United States

Detail

Updated on August 5, 2021 at 5:49 am

  • Price: $1,390,000
  • Property Size: 3397 Sq Ft
  • Land Area: 8184 Sq Ft
  • Property Type: Office, Retail
  • Property Status: For Sale

Contact info

Jamie Rose Maniscalco
Jamie Rose Maniscalco

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