1595 163rd St, North Miami Beach, FL 33162-4717
- Office buildings
- 7,662 SF
- 0.12 lot acres
Current Use by Public Records
- Office buildings
Property Details for 1595 163rd St
- Year built
- 1987
- Construction
- CONCRETE
- Lot size
- 0.12 lot acres
- Zone code
- 6400:COMMERCIAL,CENTRAL
- Property type
- Office buildings
- APN
- 07-2217-004-0010
- APU
- 722170040010
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Nov 27, 2001 | $900,000 | Gotham Developers INC | Hageman,john H | Grant Deed | $900k · John H Hageman |
Description
Gotham, a Gator Investments property, presents a remarkable retail leasing opportunity in North Miami Beach, Florida, within Miami-Dade County. This two-story building offers approximately 8,000 square feet of mostly open retail space, ideal for a variety of businesses. The property enjoys a high-traffic location with frontage on NE 163rd Street, experiencing over 50,000 vehicles passing daily, ensuring significant visibility and potential customer reach. Its strategic position provides easy access to major thoroughfares, including the Palmetto Expressway, Dixie Highway, and Biscayne Boulevard, enhancing convenience for both customers and employees. The property is currently configured for multiple tenants, offering flexibility for businesses seeking various sizes of space. Established businesses such as Phoenix Auto and Tint World are already located nearby, creating a synergistic environment and attracting a diverse customer base. This exceptional retail space offers a unique chance to establish or expand a business in a vibrant and accessible location with high visibility and strong potential for success. The building's design allows for adaptable layouts to suit individual business needs. Serious inquiries are encouraged to explore this prime retail opportunity.
Value Estimations
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $2,075,000
Market price range: $1.54M - $3.61M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $2,520,000 Current use
- WAREHOUSE, STORAGE
- $2,280,000 Change: -10% Conversion: Difficult
- NEIGHBORHOOD: SHOPPING CENTER
- $2,180,000 Change: -14% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- North Miami Beach
- County
- Miami-dade
- State
- Florida
- Longitude
- -80.1682
- Latitude
- 25.9261
- CBSA code
- 33100
- CBSA name
- MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
