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Financial
Distress signals
Property profile

1050 Miami Bch Blvd North Miami Beach, FL 33162

OFF-MARKET
Outlet malls
Property ID
US18-3351865
5,060 SF 0.24 ac lot Built 1964
Last sale Oct 2023 · $1,800,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional investment opportunity presents a 4,423 square foot, single-tenant storefront located at 1050 N Miami Beach Blvd in North Miami Beach, Florida. The property, built in 1964, sits on a 10,387 square foot lot and boasts 8 parking spaces. Currently 100% occupied by Furniture 2 Go under a double net lease with a remaining term of approximately 3.6 years (expiring June 30, 2028), the lease includes one five-year option. The property generates a Net Operating Income (NOI) of…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$18k
Tax billed · 2023
Assessed value$1.29M
Assessed land$1.14M
Assessed improvement$150k
Effective rate1.38%

Value estimate

· Oct 2026
$1.51M
$1.35M – $1.66M
AI approach$1.71M
CAP approach$1.32M

Realmo valuation models over county records and 15 qualifying comparable sales.

Recently sold

What actually traded nearby?
$467/SF
ZIP average, outlier-cleaned · 32 recorded sales of this use type
Observed band · Q1–Q3$273 – $738
Qualifying comparables15

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
6400:COMMERCIAL,CENTRAL
JurisdictionDADE

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency18.7
Parking Facility15.1
Auto Parts Store10.9

Location

1050 Miami Bch Blvd North Miami Beach, FL 33162-3828
County assessor Recorded deeds · 2 transfers 15 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1621 163rd, North Miami Beach, FL 33162-4730 $5,050,000 Mar 2025 6,500 SF
16760 5th, North Miami Beach, FL 33162-3928 $2,700,000 May 2024 4,578 SF
1991 163rd, North Miami Beach, FL 33162-4825 $6,030,000 Aug 2023 5,660 SF
233 167th, North Miami Beach, FL 33162-2302 $1,700,000 Jan 2023 4,506 SF
357 167th, North Miami Beach, FL 33162-2305 $3,000,000 Dec 2022 6,525 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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