1825 Northeast 163rd Street

North Miami Beach, FL 33162

Listing ID: 187617
$1,299,000
For Sale
  • Lot Size Acres 0.160
  • Building Sq Ft 3,060
  • Building Price per Sq Ft $424.51
  • Land Sq Ft 7,000
  • Land Price per Sq Ft $186.40
1825 Northeast 163rd Street - main image
1825 Northeast 163rd Street - alt image 2
1825 Northeast 163rd Street - alt image 3
1825 Northeast 163rd Street - alt image 4
1825 Northeast 163rd Street - alt image 5
1825 Northeast 163rd Street - alt image 6
Description

APEX Capital Realty is proud to present a prime 3,050 Sq. Ft. commercial building sitting on a 7,000 Sq. Ft. lot located near a signaled intersection on the highly trafficked NE 163rd Street corridor in North Miami Beach. Zoned MU/TC, this property has a variety of allowable uses including hotel, multi-family, retail and office. 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 Summary

Lot Size: 7,000 Sq. Ft. (0.16 acres)

Building Size: 3,050 Sq. Ft.

Zoning: MU/TC

Lot Dimensions: 50? x 140? approx.

ASKING PRICE: $1,299,000

Property Highlights

Property is located within the North Miami Beach Community Redevelopment Agency’s (CRA) boundaries, potentially allowing for community grants toward businesses entering the area.

Daily traffic volume of 65,000 VPD

Average rental rates for retail in this highly trafficked area are between $25-$30/SF

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.

Attachments & Files
Listing Demographics

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

1-Mile 3-Miles 5-Miles
Total Population25,501196,506440,859
Population Median Age373939
Population by Age0-9 Yrs3468 (13%)23542 (11%)53440 (12%)
10-19 Yrs3272 (12%)21782 (11%)50994 (11%)
20-29 Yrs3966 (15%)26949 (13%)60578 (13%)
30-39 Yrs3804 (14%)28236 (14%)61526 (13%)
40-49 Yrs3277 (12%)25878 (13%)58160 (13%)
50-59 Yrs3495 (13%)27373 (13%)58801 (13%)
60-69 Yrs2000 (7%)21651 (11%)48924 (11%)
70+ Yrs2219 (8%)21096 (10%)48436 (10%)
Median HH Income$38,714$45,647$46,878
Total Household Income< 24K2475 (31%)18783 (27%)39969 (26%)
25-49K2581 (33%)18586 (27%)39492 (26%)
50-74K1503 (19%)12623 (18%)27094 (17%)
75-99K485 (6%)6281 (9%)14883 (9%)
100-199K584 (7%)9112 (13%)20952 (13%)
200K+174 (2%)3431 (4%)8234 (5%)
Highest Education LevelNo Diploma35612205849450
Diploma or GED46383397880600
Some College38662899660354
Assoc. Degree18881348430172
Bachelors Degree19072520754002
Higher Degree9201480233289
Total Housing Units8,86893,153203,879
--Owner-Occupied3,12834,30181,143
--Renter-Occupied4,67534,51669,481
Owner-Occupied Values< 100K673516411633
100-199K14311038624440
200-299K700739917652
300-399K21539378600
400-499K6617794220
500K+44563614598
Total Working Age Population20,235160,117357,188
In Work Force13,447101,925226,182
Not In Work Force6,78758,192131,006
Workforce Employed11,99393,355208,115
Workforce Unemployed1,4368,51517,954
Civlian Workforce13,428101,869226,069
Military Workforce1956113
Total Households7,80268,817150,624
Family Households5,36242,31494,771
Non-Family Households2,44026,50355,852
Married Couple2,85026,33658,160
Other Family2,51215,97836,612
Married w/Child1,34810,59122,108
Single Male w/Child1361,3703,669
Single Female w/Child8355,26512,316

Population Change Last Two Decades - Plus Projection

2000%2010%2020%2030
Florida15,982,378+1818,801,310+1421,517,610+1324,340,457
Miami-Dade County2,253,362+112,496,435+152,861,579+113,190,242
Broward County1,623,018+81,748,066+111,942,686+92,120,334

No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

Listing Location & Directions
Listing Agent
Miguel A. Pinto Agent Photo

Miguel A. Pinto

Apex Capital Realty
More listings from Miguel A. Pinto
Featured Local Vendors

Title Company
Your Ad Here
Your company could be listed here
Click for more info!
Insurance Agency
Your Ad Here
Your company could be listed here
Click for more info!
Environmental Studies
Your Ad Here
Your company could be listed here
Click for more info!
HVAC Contractor
Your Ad Here
Your company could be listed here
Click for more info!
Mold Contractor
Your Ad Here
Your company could be listed here
Click for more info!
Roofing Contractor
Your Ad Here
Your company could be listed here
Click for more info!
Private Lending
Your Ad Here
Your company could be listed here
Click for more info!
Real Estate Attorney
Your Ad Here
Your company could be listed here
Click for more info!
Electrical Contractor
Your Ad Here
Your company could be listed here
Click for more info!
Property Management
Your Ad Here
Your company could be listed here
Click for more info!
Plumbing Contractor
Your Ad Here
Your company could be listed here
Click for more info!
Property Inspection
Your Ad Here
Your company could be listed here
Click for more info!