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Property profile

699 NE 167 St North Miami Beach, FL 33162

FOR LEASE
Office buildings
Property ID
US19-0824968
105,932 SF 2.9 ac lot Built 1965
Last sale Jun 2022 · $19,750,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional 1,243 square foot office space is ideally situated in the Miami Square Building on NE 167th Street (North Miami Beach Boulevard), near the intersection of NE 6th Avenue and I-95. The property boasts a highly visible storefront location within a bustling commercial area, ensuring significant foot and vehicle traffic. Its strategic placement offers easy accessibility and high visibility, further enhanced by its proximity to popular shopping centers and the beautiful beaches of…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$295k
Tax billed · 2023
Assessed value$15.90M
Assessed land$5.06M
Assessed improvement$10.84M
Effective rate1.86%

Value estimate

· Oct 2026
$18.37M
$16.53M – $20.20M
Submarket $/SF estimate$12.91M
NOI build-up
Gross scheduled income$197k
Vacancy & credit loss−$17k
Operating expenses−$72k
NOI · 600,238.89% cap applied$108k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$329/SF
ZIP average, outlier-cleaned · 35 recorded sales of this use type
Observed band · Q1–Q3$202 – $471

Cap rate analysis

How does the asset earn?
600,238.89%
$108k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
6400:COMMERCIAL,CENTRAL
JurisdictionDADE

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency26.1
Parking Facility14.7
Gym & Fitness12.7

Location

699 NE 167 St North Miami Beach, FL 33162
County assessor Recorded deeds · 13 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
16635 19th, North Miami Beach, FL 33162-3149 $2,468,000 Jun 2025 4,760 SF
120 167th, Miami, FL 33162-3403 $5,100,000 Jun 2025 14,851 SF
1031 165th, North Miami Beach, FL 33162-3845 $2,100,000 Oct 2024 4,723 SF
500 167th, Miami, FL 33162-3900 $2,455,000 Apr 2023 4,450 SF
975 Miami Bch, North Miami Beach, FL 33162-3715 $5,600,000 Apr 2023 21,448 SF
2040 163rd, North Miami Beach, FL 33162-4951 $7,500,000 Dec 2022 26,766 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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