163 St North Miami Beach, FL 33162
380-unit complex, prime location, high occupancy.
Description
- Added:
- Dec 11, 2024
- Days on Market:
- 392
Property Features for 0 163 St
General Information
- Property type
- Multifamily properties
- Square Feet
- 440,000 SF
Building Details
- Buildings
- 1
- Stories
- 2
- Units
- 380
HighLights
- 380‑unit multifamily property redevelopment opportunity in North Miami Beach, FL.
- 97% occupancy rate, 440,000 square feet on a 34,830 square foot lot.
- Located in Opportunity Zone & North Miami Beach CRA, offering significant tax advantages including potential for 40‑60% refund of net new tax increment revenue.
- High‑traffic location (67,000 vehicles daily on NE 163rd Street), near major thoroughfares, Aventura, Sunny Isles, Bal Harbor, and future Tri‑Rail station.
- Potential for assemblage with adjacent lot, expanding to 2.14 acres.
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- North Miami Beach
- County
- Miami-Dade
- State
- Florida
- Longitude
- -80.158227656525
- Latitude
- 25.926159008917