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    1558 162nd St North Miami Beach, FL 33162-4716
    Property profile & analytics

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

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    • Office buildings
    • 5,280 SF
    • 0.26 lot acres
    Off-Market
    Property ID
    US18-1675149
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $1,230,000
    Show details
    Cap Rate Potential
    Location Intelligence

    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

    based on Realmo’s proprietary methodology
    • 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

    Get a detailed, property-specific estimation — fast and free


    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

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $15,071
    $452,000
    $384,344
    $836,344
    -
    $452,000
    $384,344
    $836,344
    More about this property
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