1558 162nd St, North Miami Beach, FL 33162-4716
- Office buildings
- 5,280 SF
- 0.26 lot acres
Current Use by Public Records
- Office buildings
Property Details for 1558 162nd St
- Year built
- 1973
- Construction
- CONCRETE
- Lot size
- 0.26 lot acres
- Zone code
- 4800:PLANNED RESID OFFICE
- Property type
- Office buildings
- APN
- 07-2217-005-0500
- APU
- 722170050500
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Sep 28, 2020 | — | 1500 Ne 162 St LLC | — | Deed · related | $2.7M · Optimumbank |
| Nov 12, 2019 | $100 | 1558 Ne 162 St LLC | Strategic Capital Alliance LLC | Quit Claim Deed · related | — |
| Aug 2, 2019 | $650,000 | Strategic Capital Alliance LLC | Miami Real Estate Trust LLC | Warranty Deed | — |
| Jul 7, 2014 | — | Miami Real Estate Trust LLC | — | Loan Modification · related | $30.5M · Fifth Third Bk |
| Apr 10, 2013 | — | Miami Real Estate Trust LLC | — | Deed Of Trust · related | $6M · General Electric Capital Corp |
| Jan 10, 2013 | $479,600 | Miami Real Estate Trust LLC | 3 G LLC | Warranty Deed | — |
| Jul 6, 2009 | $461,250 | 3 G LLC | Marmor 163-164 St INC | Warranty Deed | — |
| — | — | Miami Real Estate Trust LLC | — | Deed Of Trust · related | $6M · Fifth Third Bk |
| — | — | Marmor 163-164 St INC | — | Deed Of Trust · related | $50k · Equitable Bank |
| — | — | Miami Real Estate Trust LLC|interloc LLC | — | Loan Modification · related | $660k · Fifth Third Bk |
| — | — | Marmor 163-164 St INC | — | Deed Of Trust · related | $50k · First United Bank |
| — | — | 1500 Ne 162 St LLC | — | Deed Of Trust · related | $2.7M · Optimumbank |
Description
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.
Value Estimations
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,365,000
Market price range: $1.06M - $2.49M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $1,735,000 Current use
- WAREHOUSE, STORAGE
- $1,570,000 Change: -10% Conversion: Difficult
- NEIGHBORHOOD: SHOPPING CENTER
- $1,500,000 Change: -14% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- North Miami Beach
- County
- Miami-dade
- State
- Florida
- Longitude
- -80.1689
- Latitude
- 25.9245
- CBSA code
- 33100
- CBSA name
- MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA