16870 19Th Ave North Miami Beach, FL 33162
This exceptional 6,500 square foot medical office building, located at 16870 NE 19th Ave in North Miami Beach, Florida (zip code 33162), presents a unique investment opportunity. Built in 1970 and extensively renovated in 2020, the single-story building features a thoughtfully designed layout ideal for medical practices. Currently, 1,500 square feet of space is available for lease within this multi-tenant property. The property boasts a fully furnished lobby/waiting area, a front desk reception area, a kitchen/break room, one main office, four exam rooms, and two restrooms. A dedicated lab is also included. Ample parking is provided with 20+ shared spaces, and accessibility is ensured with an ADA-compliant ramp. The property is zoned MU/TC, North Miami Beach, and its APN is 07-2209-023-0011, 07-2209-023-0010, 07-2209-023-0020. This turnkey solution is ready for immediate occupancy, eliminating the need for extensive build-out and allowing for a swift commencement of operations. The property's prime location in the North Miami submarket offers excellent visibility and accessibility for patients and staff.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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Risks
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