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Retail Space with Restaurant Buildout
New
For Lease
$7,500/Mo

1232 NE 163 St, North Miami Beach, FL 33162

Flexible storefront with multiple parking options and potential for food-service use.

Space Size3,000 SF
Days on Market3

Property Features for 1232 NE 163 St

General Information

Standard status Active
Size 3,000 SF
Net Rentable 3,000 SF

Space & Availability

Available Space 3,000 SF
Contiguous Space 3,000 SF
Space Use Retail

Additional Details

Traffic Count 57,000 vehicles/day
Listing Agency: The Keyes Company
Listed By: Tini Hui PA · License #0425403
Source: Mymiahomes
Added: Sep 13 Last Checked: Sep 14 at 4:06PM

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.

Approximately 3,000 square feet of retail space is available with the potential for second-generation restaurant use. The premises can accommodate a food-service concept and offers street-facing visibility.

Parking is available in common spaces in front of the building, city municipal spaces behind it, and deeded landlord parking located behind the property. The site is across from 163 St. shopping mall and records approximately 57,000 drive-by vehicles daily.

Key Highlights

  • Approximately 3,000 sq. ft. of retail space
  • Potential second‑generation restaurant use for a food‑service concept
  • Common parking in front of the building

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Pet Store Pet Store & Service Tattoo & Piercing Shop Restaurant

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for North Miami Beach, FL

$32.73 /SF/Yr
Avg Asking Price
$1.75–$65 /SF/Yr
Price Range
18,531 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 - Flexible storefront with multiple parking options and potential for food-service use.
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: Approximately 3,000 sq. ft. of retail space; Potential second‑generation restaurant use for a food‑service concept; Common parking in front of the building
More about this property
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