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Medical Office Space

1830 NE 153rd St, North Miami Beach, FL 33162

For Sale
$919,000

Central air conditioning serves this medical office property.

Property Size2,694 SF
Days on Market108

Property Features for 1830 NE 153rd St

General Information

Standard status Active
Size 2,694 SF
Total Parking Spaces 13
Zoning 6300

Site & Location

Neighborhood Cakegrove
Highway Access Yes

Taxes and HOA fees

Annual Taxes $14,133

Amenities

Central Air
Central

Building Details

Building Size 2,694 SF
Year Built 1977
Buildings 1
Stories 1
Listing Agency: SUNNY INTERNATIONAL REALTY LLC
Listed By: Liudmila Alsheuskaya · License #3655717
Source: Evrealestate
Added: Jul 23 Changed: Nov 6 Last Checked: Nov 6 at 2:37PM

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 SUNNY INTERNATIONAL REALTY LLC

Rey
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Investment Insights

Based on property information with market context.

This medical office property at 1830 NE 153rd St in North Miami Beach was built in 1977 and has central air conditioning.

The property is on NE 153rd Street, near Biscayne Blvd, with access from I-95 via NE 151st Street.

Key Highlights

  • Built in 1977
  • Central air conditioning
  • On NE 153rd Street near Biscayne Blvd

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$71,404
Cap Rate
7.77%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,428,080 $1.4M
Cap Rate 7%
$1,020,057 $1.0M
Cap Rate 9%
$793,378 $793.4K
Market Conditions
NOI Build-Up for 2,694 SF
Gross rent
$122.8K $45.60/SF
− Vacancy
−$27.6K −$10.26/SF
EGI
$95.2K $35.34/SF
− OpEx
−$23.8K −$8.84/SF
NOI
$71.4K $26.51/SF
Area
Miami-Dade County, FL
Vacancy
22.50%
Lease Rate
$45.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,428,080
Cap Rate 7%
$1,020,057
Cap Rate 9%
$793,378

Alternative Uses

Best Use
Office B
$1.02M
$892.6K – $1.19M (±1% cap)
NOI $71,404 @ 7.0% cap · market cap 7.77%
Second Best
Healthcare Medical
$507.1K
$443.7K – $591.6K (±1% cap)
NOI $35,496 @ 7.0% cap · market cap 3.86%
Theoretical Best
Office A
$1.37M
$1.20M – $1.59M (±1% cap)
NOI $95,675 @ 7.0% cap · market cap 10.41%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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

Current Use

Medical Office Space

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Butcher Tanning Salon Clothing & Fashion Store Farmer's Market

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

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

2,074
Businesses Nearby
Balanced
Demand for This Use

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 Medical Office Space in Miami-Dade County, FL

$438 Jul
$367 Aug
$370 Sep
$360 Oct

Properties on Market for Medical Office Space in Miami-Dade County

Jul
Aug
Sep
Oct

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Similar Off Market Nearby

  • Marlar Kelli DVM — Miami, FL 33162
  • Mustakas Ashley DVM — miami, fl 33162
  • Shapiro David DVM — miami, fl 33162
  • Patterson Nicole DVM — Miami, FL 33162
  • Zapata Daine DVM — Miami, FL 33162

Frequently Asked Questions

What type of property is this?
Medical Office Space - Central air conditioning serves this medical office property.
Where is this medical office space located?
The property is located at 1830 NE 153rd St North Miami Beach, FL.
What is the asking price?
The asking price for this property is $919,000.
What are key features of this property?
This property features: Built in 1977; Central air conditioning; On NE 153rd Street near Biscayne Blvd
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Includes: Price & PSF · Cap rate · Location · Zoning

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