For Sale
$3,600,000

1432 163Rd StNorth Miami Beach, FL 33162

Prime Mixed-Use Investment, 100% Leased

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional mixed-use property in North Miami Beach, Florida, presents a compelling investment opportunity. Located at 1432 NE 163rd St, this fee-simple offering boasts a prime location in Miami-Dade County, zip code 33162, with easy access to I-95 and other major expressways. The two-story, Class B building sits on a 12,071 square foot lot and comprises 7 ground-floor commercial units and 8 residential units on the upper level. Currently operating at 100% occupancy, this income-producing asset offers immediate cash flow. Its strategic location near Aventura, Miami Gardens, the Miami Design District, and Miami Beach provides excellent visibility and accessibility, attracting a diverse clientele. The property's versatile layout and high occupancy rate present significant potential for future rental increases and long-term appreciation. This is a rare chance to acquire a well-established, high-performing mixed-use building in a thriving Florida market. The asking price is $3,600,000.

Highlights

  • North Miami Beach, FL location.
  • Excellent I-95 and expressway access.
  • Close proximity to Aventura, Miami Gardens, Miami Design District, and Miami Beach.
  • Mixed-use building with 7 commercial and 8 residential units.
  • 100% occupancy.

Property Details for 1432 163Rd St

Property type
Mixed-use properties
Class
B
Buildings
1
Stories
2

Location Insight

City
North Miami Beach
County
Miami-Dade
State
Florida
Latitude
25.9253292
Longitude
-80.1713315
1432 163Rd St, North Miami Beach, Florida

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1432 163Rd St
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