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    1222 NE 163 St North Miami Beach, FL 33162

    For Sale
    $3,500,000

    Commercial/Industrial,Commercial - North Miami Beach, FL

    Lot size:
    0.19 Acres
    Days on Market:
    256
    Last Refresh:
    Dec 9 at 2:06 am

    Property Features for 1222 NE 163 St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    6400
    APN
    07-22-17-017-0010
    Lot size
    0.19 Acres

    Utilities

    Cooling system
    Central Air

    Building Details

    Year built
    1957
    Floors in Building
    2
    Number of units
    1
    Building materials
    Block, Concrete
    Architectural style
    Other

    The Keyes Company (305) 371-3592 [email protected]

    Listing agent Tini Hui (954) 389-3459 License #0425403

    Listing date Mar 29, 2025

    MLS# F10494913 Listing URL

    Copyright © 2025 BeachesMLS / Matrix. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Prime Commercial Building For Sale

    Located in the heart of the NE 163rd Street Commercial Business District, this iconic two-story corner building presents a prime investment opportunity. The property is currently configured with a restaurant and retail space on the ground floor, and a banquet hall upstairs. Zoned BU-2, the building allows for a variety of business uses. Situated just 10 minutes from the ocean and with convenient access to I-95, the Turnpike, and other major highways, the location offers maximum visibility and convenience. The property is directly across from the 163rd Street Mall, which houses popular department stores such as Ross, Walmart, and Home Depot, benefiting from high foot traffic. The property includes extra parking lots at the rear, providing ample space for customers and clients. The lot size is 0.1879 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Corner Sports Bar & Grill Food Truck, Twelve Baskets Catering, Extra Dining, Dee'z Magic Touch, Vybe305

    Location Insight

    • Map
    • Local Demand
    City
    North Miami Beach
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.178
    Latitude
    25.9282

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    FAQs

    What type of property is this?
    Restaurant - Two-story corner building in high-traffic commercial district.
    Where is this restaurant located?
    The property is located at 1222 NE 163 St North Miami Beach, FL.
    What is the asking price?
    The asking price for this property is $3,500,000.
    What are key features of this property?
    This property features: - Prime location in the heart of the NE 163rd Street Commercial Business District.; - BU-2 zoning allows for a variety of business uses.; - High visibility and foot traffic due to its location directly across from the 163rd Street Mall (Ross, Walmart, Home Depot).
    (954) 389-3459
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    1222 NE 163 St North Miami Beach, FL 33162
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1222 NE 163 St North Miami Beach, FL 33162
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