Property summary
This exceptional redevelopment opportunity encompasses a 380-unit multifamily property situated on a 34,830 square foot lot in North Miami Beach, Florida. The property boasts a 97% occupancy rate and is comprised of a two-story building with a total of 440,000 square feet. The property is zoned MU/EC and is located within both the North Miami Beach Community Redevelopment Area (CRA) and a federally designated Opportunity Zone, presenting significant tax advantages for investors. The CRA… designation allows developers to apply for the Direct Financial Incentive Program, potentially refunding 40% to 60% of the net new tax increment revenue generated by the project. The property's strategic location offers easy access to major thoroughfares, with 67,000 vehicles passing daily on Northeast 163rd Street. Its proximity to Biscayne Boulevard, Aventura, Sunny Isles, and Bal Harbor, coupled with its walking distance to the planned Tri-Rail Coastal Link Station and minutes from Florida International University's Biscayne Campus, ensures high demand and strong rental potential. Furthermore, the potential for assemblage with an adjacent lot could expand the property to a total of 2.14 acres, unlocking even greater development possibilities. This income-producing asset presents a compelling investment opportunity for those seeking significant returns in a rapidly developing area.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax
No data for this sectionNo tax or assessment record is on file for this parcel in the county feed.
Value estimate
· Sep 2026No data for this sectionNo value estimate could be modeled: the record carries too little market input for this parcel.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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