For Sale
$2,500,000

901 167Th StNorth Miami Beach, FL 33162

Prime Mixed-Use Development Land

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 0.49-acre lot in North Miami Beach, Florida, presents a compelling investment opportunity for developers and owner-users. Located at 901 NE 167th St, the 21,450 sq ft property is zoned MU/IB-W (Mixed Use International Boulevard), allowing for the development of up to 39 residential units or 80 dwelling units per acre. The site boasts a 4,420 sq ft existing office building, providing immediate income potential or redevelopment flexibility. Its strategic location offers unparalleled access to major transportation arteries, including I-95 and SR 826, and is surrounded by a vibrant retail landscape featuring national brands like Publix, Lowe's, and numerous restaurants. The property benefits from its proximity to schools, including John F. Kennedy Middle School and North Miami Beach High School, and the Jackson North Medical Center. Furthermore, its location within the City of North Miami Beach's Community Redevelopment Agency (CRA) provides developers with access to various financial incentives, including grants for façade improvements, wastewater connections, and business assistance. This prime location and zoning flexibility make this a truly unique opportunity for significant returns. The asking price is $2,500,000.

Property Details for 901 167Th St

Property type
Office properties, Office space

Location Insight

City
North Miami Beach
County
Miami-Dade
State
Florida
Latitude
25.9291027
Longitude
-80.1820048
901 167Th St, North Miami Beach, Florida

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901 167Th St
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