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    1949 163 St North Miami Beach, FL 33162

    Sponsored
    For Lease
    Contact for pricing

    Freestanding building, high traffic, flexible space.

    Lot size:
    3,535 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional freestanding retail building in North Miami Beach, Florida, offers 3,535 square feet of versatile space, ideal for multiple tenants. Currently, 2,200 square feet is available, divisible into units as small as 1,100 square feet, with a maximum contiguous space of 2,300 square feet. Located at 1949 NE 163rd St, 33162, this single-story building sits on a 0.161-acre lot and boasts 53 feet of frontage on a high-traffic street with approximately 48,400 vehicles passing daily. The property is zoned MU/TC and includes 10 parking spaces, ensuring convenient access for customers and employees. Its prime location near major thoroughfares and public transportation provides excellent visibility and accessibility. The surrounding area features a thriving mix of businesses and amenities, creating a dynamic commercial environment. This is a fantastic opportunity for businesses seeking high visibility and convenient access in a bustling North Miami Beach location. The property is perfect for retail, restaurant, office, showroom, or gym uses.

    Property Features for 1949 163 St

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    3,535 SF

    Building Details

    Stories
    1

    Unit(s) available at that property

    Space
    Available Space 1
    Size
    2,300 SF

    HighLights

    • Prime NE 163rd St exposure with signage opportunity.
    • High traffic count: 48,400 vehicles daily near a signalized intersection.
    • Easy I‑95 access.
    • Ample on‑site parking (10 spaces).
    • 2,200 SF available, divisible to 1,100 SF, in a 3,535 SF building on a 0.161‑acre lot.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    North Miami Beach
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.1609716
    Latitude
    25.9263414

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    FAQs

    What type of property is this?
    Restaurant - Freestanding building, high traffic, flexible space.
    Where is this restaurant located?
    The property is located at 1949 163 St North Miami Beach, FL.
    What are key features of this property?
    This property features: Prime NE 163rd St exposure with signage opportunity.; High traffic count: 48,400 vehicles daily near a signalized intersection.; Easy I-95 access.
    Request Owner's contact information
    1949 163 St North Miami Beach, FL 33162
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    North Miami Beach, 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
    1949 163 St North Miami Beach, FL 33162
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