1970 153Rd StNorth Miami Beach, FL 33162

Property Details for 1970 153Rd St

Year built

1975

Construction

CONCRETE

Lot size

1.38 AC

Property size (Sq ft)

24,606 SF

Zone code

7100:INDUSTRIAL,LIGHT MFG

Property type

Industrial properties

Property subtype

Manufacturing properties

APN

07-2216-008-0089

APU

722160080089

Description

This exceptional Class A industrial warehouse, located at 1970 NE 153rd St, North Miami Beach, FL 33162, presents a compelling investment opportunity. The fee-simple property encompasses 28,500 square feet on a 60,000 square foot lot, offering significant potential for growth and return. Currently boasting 100% occupancy with 21 tenants, the property generates substantial income. The building, constructed in 1940 and situated on APN 07-2216-008-0089, features a two-story structure with 24 loading docks and 20 dock-high doors, facilitating efficient logistics. The layout is highly functional, comprising a main 13,000 sq ft area, ten 700 sq ft units, and ten 850 sq ft units, providing flexibility for diverse tenants. Zoned 7100 INDUSTRIAL - LIGHT MFG, this property benefits from its strategic location in North Miami Beach, providing easy access to major transportation routes and essential services. The asking price is $10,000,000, translating to $350.88 per square foot. This represents a rare chance to acquire a high-performing, multi-tenant warehouse in a thriving market. The property's size, location, and current occupancy make it an attractive investment for discerning buyers seeking strong cash flow and long-term appreciation.

Location Insight

City

North Miami Beach

County

Miami-dade

State

Florida

Latitude

25.916

Longitude

-80.1604

CBSA code

33100

CBSA name

MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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