Conventional Restaurant

North Miami Beach, FL Conventional Restaurants for Sale

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North Miami, FL Biscayne Park, FL Miami, FL Miami Shores, FL Miami Gardens, FL Bay Harbor Islands, FL North Bay Village, FL Miami Beach, FL
Retail or Second-Gen Restaurant
Updated: Jun 21
Retail or Second-Gen Restaurant

1232 NE 163 St, North Miami Beach, FL 33162

Contact for pricing
3,000 sqft
Approximately 3,000 sq. ft. retail space that may be used as a 2nd generation restaurant
Great street visibility with common parking in front
Parking includes city municipal free parking in rear plus landlord deeded parking behind the building
Right across from the 163rd St. shopping mall
Approximately 57,000 daily drive‑by vehicles (per provided info)
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Retail
Updated: May 28, 2024
Retail

1222 NE 163 ST, North Miami Beach, FL 33162

$3,500,000
12,000 sqft
High‑traffic location: Situated on a busy main street in North Miami Beach with over 60,000 cars passing daily.
Fully built‑out kitchen: Ground level features a complete kitchen with restaurant equipment, ready for immediate lease.
Versatile retail space: Second floor offers a wide‑open retail area suitable for various business types.
Additional parking: Includes extra parking space located at the back of the building.
Restaurant ready: The existing kitchen equipment allows for immediate restaurant operation.
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Turnkey Restaurant Opportunity
Turnkey Restaurant Opportunity

2995 NE 163rd St, North Miami Beach, FL 33160

$295,000

Fully built-out restaurant in North Miami Beach.

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Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 3 Active listings in North Miami Beach, FL, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Turnkey Restaurant with Patio
Turnkey Restaurant with Patio

6330 Miramar Pkwy, Miramar, FL 33023

$1,110,000
0.31 AC lot

Freestanding, equipment-included restaurant building on Miramar Parkway with private parking and covered patio.

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Turnkey Restaurant Opportunity on Miramar
Turnkey Restaurant Opportunity on Miramar

6330 Miramar Pkwy, Miramar, FL 33023

$1,110,000
0.31 AC lot

Freestanding restaurant with equipment, license, parking, and patio.

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Restaurant Space in High-Traffic Area
Restaurant Space in High-Traffic Area

148 NW 167th St, Miami, FL 33169

Contact for pricing
2,500 sqft 1.44 AC lot

Equipped restaurant space with commercial kitchen in a hotel.

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High-Visibility Corner Retail Opportunity
High-Visibility Corner Retail Opportunity

1186 NW 103rd St, Miami, FL 33150

Contact for pricing

Equipped space ideal for restaurant or retail in family neighborhood.

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North Miami Beach, FL Conventional Restaurants Market Trends and Statistics

Explore 3 conventional restaurants for sale in North Miami Beach, FL, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 12,000 square feet of properties for sale, with an estimated market value of $3,500,000.

Sale prices for conventional restaurants in North Miami Beach, FL start at $3,500,000, averaging $3,500,000, and reaching up to $3,500,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Conventional restaurants 5

Demographics Overview

Population 201K
Population Growth (5Y) +3.1%
Median Household Income $59,524
College Educated 38.9%

High-Yield Neighborhoods for Investment

Identify North Miami Beach submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
Miami Beach $80K
North Miami Beach $384K
Miami $965K

Taxes & Financing

Tax Rate (average for all types) 1.51%
Property Tax per SF $9.41 per SF
Tax Rate vs County Average 0.05 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Miami-Dade County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Miami-Dade County

Residential Income

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