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Absolute NNN-Leased Property

16635 NE 19th Ave, North Miami Beach, FL 33162

For Sale
New
$2,695,000

The tenant pays taxes, insurance, upkeep, repairs, utilities, and capital costs.

Property Size4,337 SF
Days on Market2

Property Features for 16635 NE 19th Ave

General Information

Standard status Active
Size 4,337 SF
Property subtype Commercial
Occupancy 100%
Lease Term ± 6.5 Years
Net Operating Income $202,591

Site & Location

Neighborhood Cakegrove

Additional Details

Tenant in Place Yes

Building Details

Building Size 4,337 SF
Listing Agency: MREIS AR Real Estate
Listed By: Kyle Matthews · License #PB00084217 (AR)
Source: Matthews
Added: Nov 6 Changed: Nov 7 Last Checked: Jul 3 at 1:33PM

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 MREIS AR Real Estate

Rey
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Investment Insights

Based on property information with market context.

This 4,337-square-foot property is leased on an absolute NNN basis. The tenant is responsible for property taxes, insurance, maintenance, repairs, utilities, and capital expenditures.

The property is located at 16635 NE 19th Ave in North Miami Beach, Florida 33162.

Key Highlights

  • 4,337‑square‑foot property
  • Absolute NNN lease
  • Tenant covers taxes, insurance, maintenance, repairs, utilities, and capital expenditures

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Storefront properties

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Nursing Home Veterinary Clinic Pet Store Butcher Pet Store & Service

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

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

Average Price Trend$/SF for NNN properties in Miami-Dade County, FL

$507 Jul
$456 Aug
$1,140 Sep
$1,262 Oct

Properties on Market for NNN properties in Miami-Dade County

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in South region

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

Frequently Asked Questions

What type of property is this?
NNN property - The tenant pays taxes, insurance, upkeep, repairs, utilities, and capital costs.
Where is this nnn property located?
The property is located at 16635 NE 19th Ave North Miami Beach, FL.
What is the asking price?
The asking price for this property is $2,695,000.
What are key features of this property?
This property features: 4,337‑square‑foot property; Absolute NNN lease; Tenant covers taxes, insurance, maintenance, repairs, utilities, and capital expenditures
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