Retail Strip Center
1620 NE 148 St # 1626, North Miami, FL 33181
For Sale
Contact for pricing
Retail space is available within a neighborhood shopping center.
Property Size930 SF
Price / SF$1.77
Days on Market411
Property Features for 1620 NE 148 St # 1626
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Building Details
Year Built
Listing Agency:
Sharp Realty,LLC
Listed By:
Andrew Garibotto · License #3351650
(305) 318-1422
Source:
Diannalantiguarealty
Added: Sep 23, 2025
Changed: Nov 6
Last Checked: Nov 7 at 1:22PM
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 Sharp Realty,LLC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
A 930-square-foot retail space is offered in a strip center in North Miami. The building dates to 1973.
Key Highlights
- 930 square feet of retail space
- Located in a strip center in North Miami
- Building constructed in 1973
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,726
Suggested Prices Based on Cap Rates
Cap Rate 5%
$314,520
$314.5K
Cap Rate 7%
$224,657
$224.7K
Cap Rate 9%
$174,733
$174.7K
Market Conditions
NOI Build-Up for 930 SF
Gross rent
$24.6K $26.40/SF
− Vacancy
−$2.1K −$2.24/SF
EGI
$22.5K $24.16/SF
− OpEx
−$6.7K −$7.25/SF
NOI
$15.7K $16.91/SF
Area
Miami-Dade County, FL
Vacancy
8.50%
Lease Rate
$26.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$314,520
Cap Rate 7%
$224,657
Cap Rate 9%
$174,733
Alternative Uses
Best Use
Retail
$224.7K
$196.6K – $262.1K
NOI $15,726 @ 7.0% cap · market cap 953.09%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$471.8K
$412.9K – $550.5K
NOI $33,028 @ 7.0% cap · market cap 2,001.70%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,391
Businesses Nearby
Explore this area
Business Placement
Demographics for 33181, FL
20,955
Population
9,401
Households
2.2
Avg Household Size
39
Median Age
41%
College-Educated
91%
High-School Grad
3.0 sq mi
ZIP Area
6,985
Density / Sq Mi
$56,473
Median Household Income
$40,233
Median Earnings
$1,665
Median Rent
$315,200
Median Home Value
Market
Average Price Trend$/SF for Retail space in Miami-Dade County, FL
Properties on Market for Retail space in Miami-Dade County
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Retail space - Retail space is available within a neighborhood shopping center.
Where is this retail space located?
The property is located at 1620 NE 148 St # 1626 North Miami, FL.
What are key features of this property?
This property features: 930 square feet of retail space; Located in a strip center in North Miami; Building constructed in 1973
