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Retail Space with Street Parking
For Lease
$7,500/Mo

1232 NE 163 Street, North Miami Beach, FL 33162

COMMERCIAL - North Miami Beach, FL

Space Size3,000 SF
Days on Market158

Property Features for 1232 NE 163 Street

General Information

Property type Commercial Lease
Property subtype Other
Zoning 11
Subdivision 2220
Standard status Active
Size 12,191 SF

Utilities

Sewer type Public Sewer
Heating system Central
Cooling system Central Air
Water source Public

Building Details

Flooring type Tile
Listing Agency: The Keyes Company
Listed By: Tini Hui PA · License #0425403
Added: Mar 5 Changed: Aug 4 Last Checked: Aug 10 at 3:06PM
MLS# F10556469

Copyright © 2026 BeachesMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Retail space available for lease and may be used as a 2nd generation restaurant concept, with approximately 3,000 square feet. The space is positioned for street-facing customer access, and the premises include multiple parking options for patrons and staff.

The property offers great visibility to the street, with common parking in front, city municipal free parking in the rear, and landlord deeded parking behind the building. It is located directly across from the 163 St. shopping mall and is reported to have approximately 57,000 vehicles driving by daily.

Per the provided information, the property is zoned 11 and can be used for any concept of food.

Key Highlights

  • Prime Location: Directly across from the 163rd Street shopping mall.
  • High Traffic Location: Approximately 57,000 vehicles drive by daily.
  • Versatile Space: Suitable for retail or restaurant use (2nd generation).

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Parking Lot & Garage Real Estate Agency Grocery & Convenience Store Auto Parts Store Nursing Home Pet Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

57,000 VPD
Traffic count
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

2,074
Businesses Nearby

Demographics for 33162, FL

45,277
Population
16,719
Households
2.7
Avg Household Size
39
Median Age
21%
College-Educated
81%
High-School Grad
5.3 sq mi
ZIP Area
8,543
Density / Sq Mi
$55,993
Median Household Income
$31,848
Median Earnings
$1,535
Median Rent
$345,000
Median Home Value

Market

Lease Benchmarks for North Miami Beach, FL

$33.47 /SF/Yr
Avg Asking Price
$3.47–$65 /SF/Yr
Price Range
13,169 SF
Avg Space Size

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Retail space suited for a 2nd generation restaurant, with common front parking and additional municipal and landlord parking options.
Where is this retail space located?
The property is located at 1232 NE 163 Street North Miami Beach, FL.
What is the lease rate?
The lease rate is $7,500/Mo.
What are key features of this property?
This property features: Prime Location: Directly across from the 163rd Street shopping mall.; High Traffic Location: Approximately 57,000 vehicles drive by daily.; Versatile Space: Suitable for retail or restaurant use (2nd generation).
More about this property
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