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    2250 163 St North Miami Beach, FL 33160

    Sponsored
    For Lease
    $35 SF/Yr

    Prime North Miami Beach Retail Opportunity

    Lot size:
    20,285 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    Railway Plaza, located at 2250 NE 163rd St in North Miami Beach, Florida (zip code 33160), presents a unique retail investment opportunity. This single-tenant property boasts a total of 20,285 square feet, with 3,000 square feet currently vacant. Built in 1941 and renovated in 1999, the building offers ample surface parking. Situated in Miami-Dade County, this location provides exceptional visibility and accessibility, benefiting from over 50,000 cars passing daily. Its strategic position at a key intersection makes it an ideal gateway to the thriving Aventura market. The property's commercial classification and single-tenant occupancy offer streamlined management and potential for strong returns. The substantial vacant space presents a chance to customize the layout to suit a variety of retail businesses. This property is a rare find, combining historical charm with modern updates and a prime location in a high-traffic area. The existing infrastructure and ample parking further enhance its appeal to potential tenants. Don't miss this chance to acquire a well-positioned retail space in a rapidly growing area of North Miami Beach.

    Property Features for 2250 163 St

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    20,285 SF
    Total Rate
    59164.58

    Building Details

    Year Built/Renovated
    1941/1999

    Unit(s) available at that property

    Space
    Available Space
    Size
    3,000 SF
    Rate per SF
    $35

    HighLights

    • Aventura, FL location.
    • Competitive sublease rates.
    • High traffic count exceeding 50,000 vehicles daily.
    • Prominent building signage with excellent visibility.
    • Abundant on‑site parking.
    • Open floor plan.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    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
    -80.1552872
    Latitude
    25.9254987

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    FAQs

    What type of property is this?
    Retail property - Prime North Miami Beach Retail Opportunity
    Where is this retail property located?
    The property is located at 2250 163 St North Miami Beach, FL.
    What is the lease rate?
    The lease rate is $35 SF/Yr.
    What are key features of this property?
    This property features: Aventura, FL location.; Competitive sublease rates.; High traffic count exceeding 50,000 vehicles daily.
    Request Owner's contact information
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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
    2250 163 St North Miami Beach, FL 33160
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