1595 163rd St North Miami Beach, FL 33162-4717
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
6400:COMMERCIAL,CENTRAL · North Miami Beach, FLCosts & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.