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Property profile & analytics
OFF-MARKET Estimated value $1,230,000
Office buildings

1558 162nd St North Miami Beach, FL 33162-4716

5,280 SF 0.26 ac lot Built 1973
Entity Owned 6-yr Hold Free & Clear
Property ID
US18-1675149
Property summary
AI-generated overview

This exceptional single-tenant office building, located at 1558 NE 162nd St in North Miami Beach, Florida (zip code 33162), offers 2,500 square feet of versatile space. The property is a one-story building, encompassing the entire building, and sits on a single lot (APN: 07-22-17-005-0500). Zoned for commercial use under code 4800, this property presents a fantastic opportunity for businesses seeking a convenient and accessible location. Its proximity to I-95 ensures easy commuting for employees and clients, while the nearby beaches, restaurants, cafes, and shops offer a desirable work-life balance. Public transportation is readily available, further enhancing accessibility. The area also boasts several fitness centers, catering to health-conscious individuals. This is a single-tenant property, perfect for a business seeking a self-contained and efficient workspace. The building's central location in North Miami Beach provides excellent visibility and access to a thriving community. This property is ready for immediate occupancy.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1973
Construction CONCRETE
Total area 5,280 SF
Lot 0.26 ac (11,300 SF)
Zoning code 4800:PLANNED RESID OFFICE
APN 07-2217-005-0500
UPID US18-1675149
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.37M
Blend (final) Blend
$1.23M
Owner & transaction history
1558 Ne 162 St LLC · 6 yrs held
1558 Ne 162 St LLC
since 2019
7 recorded transactions
2020
Price N/A
2019
$100
2019
$650,000
2014
Price N/A
2013
Price N/A
2013
$479,600
2009
$461,250
Zoning & alternative use
4800:PLANNED RESID OFFICE · North Miami Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source Official NMB Zoning Map
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