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    500 167Th St Miami, FL 33162

    For Lease
    $12 SF/Yr

    1,600 sq ft Flex Space - Newly Renovated

    Lot size:
    4,450 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional 1,600 square foot flex space, located at 500 NE 167th St #2a in Miami, FL 33162, offers a unique blend of functionality and prime visibility. Situated on the second level, this newly renovated unit boasts abundant natural light from windows throughout its five distinct areas. The flexible layout is adaptable to a variety of business needs (detailed floor plans available upon request). The property includes two bathrooms and two secured entrances, enhancing both security and convenience. An outdoor space provides an added amenity. Benefit from exceptional exposure to a high-traffic corridor (approximately 45,000 vehicles daily), with excellent signage opportunities. Ample parking (four spaces total for the building) and a state-of-the-art security system ensure peace of mind. The building itself is a two-story structure, part of a single-tenant industrial property (APN 30-22-18-005-0050, zoned 6400), and enjoys a prominent street-facing position. This is a rare opportunity to lease a meticulously renovated space in a high-demand location. The property's superior location and features make it an ideal choice for businesses seeking a modern, efficient, and highly visible workspace.

    Property Features for 500 167Th St

    General Information

    Property type
    Flex space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    4,450 SF

    Building Details

    Buildings
    1
    Stories
    2

    Unit(s) available at that property

    Space
    2a
    Size
    4,450 SF
    Rate per SF
    $12
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    MoneyGram Money Transfer Service Coin Cloud Bitcoin ... Atm K & J Tax ... Tax Preparation Service ACE Cash Express Loan Agency Prime Tax Services Tax Preparation Service

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.1901214
    Latitude
    25.928232

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    FAQs

    What type of property is this?
    Flex space - 1,600 sq ft Flex Space - Newly Renovated
    Where is this flex space located?
    The property is located at 500 167Th St Miami, FL.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    Request Owner's contact information
    500 167Th St Miami, FL 33162
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    Miami, FL 33162
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    500 167Th St Miami, FL 33162
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