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Retail or Second-Gen Restaurant
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1232 NE 163 St, North Miami Beach, FL 33162

Street-visible retail/restaurant with shared front parking and additional municipal and landlord-deeded parking.

Property Size12,191 SF
Price / SF$2.50
Days on Market51

Property Features for 1232 NE 163 St

General Information

Standard status Active
Size 12,191 SF
Property subtype Commercial

Additional Details

Traffic Count 57,000 vehicles/day

Building Details

Building Size 12,191 SF
Listing Agency: The Keyes Company
Listed By: Tini Hui · License #0425403
Source: Elliman
Added: Jun 21 Changed: Aug 8 Last Checked: Aug 10 at 6:43AM

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 property offers retail space that may also be used as a second-generation restaurant, with approximately 3,000 square feet available. The layout supports food-service concepts, and the site includes on-site parking options to serve both customers and staff.

The space is described as having strong visibility to the street, with common parking in front. In addition, there is city municipal free parking to the rear, along with landlord-deeded parking behind the building. The property is positioned directly across from the 163 St shopping mall. Reported traffic is approximately 57,000 vehicles per day, with walk and bike scores listed as 63 and 80 respectively.

For tenants or operators, the combination of street exposure and multi-source parking can help reduce customer friction during peak periods. Its flexibility as either retail or a second-generation food concept may appeal to restaurant users seeking an established commercial environment, as well as retailers looking for a visible storefront with customer parking access.

Key Highlights

  • 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

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

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

Vacancy Rate% for Retail in South region

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

What type of property is this?
Retail space - Street-visible retail/restaurant with shared front parking and additional municipal and landlord-deeded parking.
Where is this retail space located?
The property is located at 1232 NE 163 St North Miami Beach, FL.
What is the asking price?
The asking price for this property is Off market.
What are key features of this property?
This property features: 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
More about this property
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