Retail or Restaurant Space
For Lease
$7,500/Mo
1232 NE 163 St, North Miami Beach, FL 33162
3000 sq ft retail/restaurant space with high street visibility.
Space SizeContact for details
Property Size12,191 SF
Days on Market109
Property Features for 1232 NE 163 St
General Information
Standard status
Active
Size
12,191 SF
Property subtype
Commercial
Building Details
Building Size
12,191 SF
Listing Agency:
The Keyes Company
(305) 904-3761
Listed By:
Tini Hui PA · License #0425403
(305) 904-3761
Source:
Elliman
Added: Apr 24
Changed: Aug 8
Last Checked: Aug 8 at 6:40AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Keyes Company
Investment Insights
Based on property information with market context.
This retail space, which can also be utilized as a second-generation restaurant, offers approximately 3000 square feet. The property benefits from high street visibility and features common parking in the front, as well as free city municipal parking in the rear. Additionally, the landlord provides deeded parking behind the building. The space is suitable for various food concepts. Situated across from the 163rd Street shopping mall, the location experiences approximately 57,000 drive-bys daily. The bike score is 80, indicating it is very bikeable. The walk score is 63, meaning it is somewhat walkable, and the transit score is 47, suggesting some transit options are available.
Key Highlights
- High traffic location: Approximately 57,000 vehicles drive by daily.
- Excellent visibility to street.
- Suitable for retail or restaurant use** (2nd generation restaurant space).
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$4.50 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
2,074
Businesses Nearby
Explore this area
Business Placement
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
This space is priced 10% below the average of $33.47 /SF/Yr.
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - 3000 sq ft retail/restaurant space with high street visibility.
Where is this retail space located?
The property is located at 1232 NE 163 St 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: High traffic location: Approximately 57,000 vehicles drive by daily.; Excellent visibility to street.; Suitable for retail or restaurant use** (2nd generation restaurant space).
