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    North Miami, FL Biscayne Park, FL Miami, FL Miami Shores, FL Biscayne Gardens, FL Miami Gardens, FL Bay Harbor Islands, FL Miami Beach, FL
    Retail
    Updated: May 28, 2024
    Retail

    1222 NE 163 ST, North Miami Beach, FL 33162

    $3,500,000
    12,000 sqft
    High‑traffic location: Situated on a busy main street in North Miami Beach with over 60,000 cars passing daily.
    Fully built‑out kitchen: Ground level features a complete kitchen with restaurant equipment, ready for immediate lease.
    Versatile retail space: Second floor offers a wide‑open retail area suitable for various business types.
    Additional parking: Includes extra parking space located at the back of the building.
    Restaurant ready: The existing kitchen equipment allows for immediate restaurant operation.
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    This listing looks promising.

    Here's a quick look at some key insights for

    1222 NE 163 ST, North Miami Beach, FL 33162

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    • Est. Cap Rate

      6.6%
      Above avg (5.9%)

    • Est. NOI

      $231K
      Annual

    • Price @ 7% Cap

      $3.3M
      Suggested
    View Property Analytics
    Retail or Second-Gen Restaurant
    Updated: Jun 21
    Retail or Second-Gen Restaurant

    1232 NE 163 St, North Miami Beach, FL 33162

    Contact for pricing
    3,000 sqft
    Approximately 3,000 sq. ft. retail space that may be used as a 2nd generation restaurant
    Great street visibility with common parking in front
    Parking includes city municipal free parking in rear plus landlord deeded parking behind the building
    Right across from the 163rd St. shopping mall
    Approximately 57,000 daily drive‑by vehicles (per provided info)
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    Business for Sale, Retail
    Business for Sale, Retail

    17010 #D W Dixie Hwy, North Miami Beach, FL 33160

    $69,990

    Restaurants

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    Turnkey Restaurant Opportunity
    Turnkey Restaurant Opportunity

    2995 NE 163rd St, North Miami Beach, FL 33160

    $295,000

    Fully built-out restaurant in North Miami Beach.

    View details
    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 46 Potential Opportunities for your consideration. Besides 4 Active listings in North Miami Beach, FL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 34 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Restaurant Space in High-Traffic Area
    Restaurant Space in High-Traffic Area

    148 NW 167th St, Miami, FL 33169

    Contact for pricing
    2,500 sqft 1.44 AC lot

    Equipped restaurant space with commercial kitchen in a hotel.

    View details
    Turnkey Kava Bar Restaurant
    Turnkey Kava Bar Restaurant

    855 NE 125th St 11, North Miami, FL 33161

    $350,000

    Recently opened, fully built-out kava bar with turnkey operation and included licenses, permits, and certificates.

    View details
    Turnkey Kava Bar Restaurant
    Turnkey Kava Bar Restaurant

    11-855 Ne 125th St, North Miami, FL 33161

    $350,000

    Recently opened, fully built-out kava bar with licensing and permits included for an efficient ownership transition.

    View details
    Aventura Commercial Kitchen Opportunity
    Aventura Commercial Kitchen Opportunity

    20354 NE 16th Pl, Miami, FL 33179

    $60,000
    901 sqft

    Turnkey, FDA-certified commercial kitchen in Aventura, ready for immediate use.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Corner Commercial Land Site
    Corner Commercial Land Site

    18560 Biscayne Blvd, Aventura, FL 33180

    $3,750,000
    0.23 AC lot

    Vacant buildable corner parcel with approximately 185 feet of frontage on major thoroughfares for prominent signage and development.

    View details
    Hallandale Beach Development Opportunity
    Hallandale Beach Development Opportunity

    721 W Hallandale Beach Blvd, Hallandale Beach, FL 33009

    $8,000,000
    0.80 AC lot

    0.8-acre vacant lot, ideal for development in Hallandale Beach.

    View details
    Vacant Lot Near I-95
    Vacant Lot Near I-95

    7828 NW 5th Ave, Miami, FL 33150

    $399,000
    3,920 sqft 0.09 AC lot

    Vacant 3920 sq ft lot in Miami near I-95.

    View details
    BU-3 Vacant Commercial Parcel
    BU-3 Vacant Commercial Parcel

    NW 62 Street, Miami, FL 33147

    $199,000
    0.07 AC lot

    Vacant 3,200 SF commercial lot on NW 62 St, zoned BU-3 for flexible business use.

    View details

    Off-Market Properties in North Miami Beach, FL

    Consider similar Off-Market properties in North Miami Beach, FL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    1532 163rd St
    RESTAURANT

    1532 163rd St, North Miami Beach, FL 33162-4718

    $950,000
    Estimated value
    2,444 sqft 0.39 AC lot
    View details
    1973 163rd St
    DRIVE-THRU RESTAURANT, FAST FOOD

    1973 163rd St, North Miami Beach, FL 33162-4825

    $4,855,000
    Estimated value
    3,008 sqft 0.48 AC lot
    View details
    1910 163rd St
    DRIVE-THRU RESTAURANT, FAST FOOD

    1910 163rd St, North Miami Beach, FL 33162-4826

    Value Estimation by Request
    3,738 sqft 0.36 AC lot
    View details
    1101 163rd St
    RESTAURANT

    1101 163rd St, North Miami Beach, FL 33162-4502

    $580,000
    Estimated value
    2,610 sqft 0.36 AC lot
    View details
    1785 163rd St
    RESTAURANT

    1785 163rd St, North Miami Beach, FL 33162-4732

    $12,150,000
    Estimated value
    4,412 sqft 0.41 AC lot
    View details
    1999 164th St
    RESTAURANT

    1999 164th St, North Miami Beach, FL 33162-4118

    $1,205,000
    Estimated value
    2,301 sqft 0.21 AC lot
    View details
    1800 163rd St
    DRIVE-THRU RESTAURANT, FAST FOOD

    1800 163rd St, North Miami Beach, FL 33162-4806

    Value Estimation by Request
    938 sqft 0.31 AC lot
    View details
    16215 15th Ave
    RESTAURANT

    16215 15th Ave, North Miami Beach, FL 33162-4754

    Value Estimation by Request
    2,786 sqft 0.27 AC lot
    View details
    13750 Biscayne Blvd
    RESTAURANT

    13750 Biscayne Blvd, North Miami Beach, FL 33181-1620

    $600,000
    Estimated value
    4,207 sqft 0.56 AC lot
    View details
    2355 163rd St
    NIGHTCLUB (COCKTAIL LOUNGE)

    2355 163rd St, North Miami Beach, FL 33160-3902

    $1,120,000
    Estimated value
    11,342 sqft 2.05 AC lot
    View details
    1650 163rd St
    DRIVE-THRU RESTAURANT, FAST FOOD

    1650 163rd St, North Miami Beach, FL 33162-4731

    $620,000
    Estimated value
    2,214 sqft 0.74 AC lot
    View details
    1901 163rd St
    RESTAURANT

    1901 163rd St, North Miami Beach, FL 33162-4825

    Value Estimation by Request
    1,604 sqft 0.29 AC lot
    View details
    105 167th St
    DRIVE-THRU RESTAURANT, FAST FOOD

    105 167th St, North Miami Beach, FL 33162-3404

    Value Estimation by Request
    1,248 sqft 0.27 AC lot
    View details
    13801 Biscayne Blvd
    DRIVE-THRU RESTAURANT, FAST FOOD

    13801 Biscayne Blvd, North Miami Beach, FL 33181-1660

    Value Estimation by Request
    2,377 sqft 0.54 AC lot
    View details
    13951 Biscayne Blvd
    RESTAURANT

    13951 Biscayne Blvd, North Miami Beach, FL 33181-1627

    Value Estimation by Request
    2,516 sqft 0.58 AC lot
    View details
    2255 164th St
    RESTAURANT

    2255 164th St, North Miami Beach, FL 33160-3703

    $825,000
    Estimated value
    15,116 sqft 0.52 AC lot
    View details
    16251 Dixie Hwy
    RESTAURANT

    16251 Dixie Hwy, North Miami Beach, FL 33160-4310

    Value Estimation by Request
    3,048 sqft 0.59 AC lot
    View details
    1000 Miami Bch Blvd
    RESTAURANT

    1000 Miami Bch Blvd, North Miami Beach, FL 33162-3828

    $575,000
    Estimated value
    2,654 sqft 0.44 AC lot
    View details
    18450 Dixie Hwy
    RESTAURANT

    18450 Dixie Hwy, North Miami Beach, FL 33160-2060

    Value Estimation by Request
    2,076 sqft 0.16 AC lot
    View details
    199 167th St
    RESTAURANT

    199 167th St, North Miami Beach, FL 33162-3404

    Value Estimation by Request
    700 sqft 0.25 AC lot
    View details

    North Miami Beach, FL Restaurants Market Trends and Statistics

    Explore 38 restaurants for sale in North Miami Beach, FL, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 12,000 square feet of properties for sale, with an estimated market value of $3,500,000.

    Sale prices for restaurant properties in North Miami Beach, FL start at $3,500,000, averaging $3,500,000, and reaching up to $3,500,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Conventional restaurants 5

    Demographics Overview

    Population 201K
    Population Growth (5Y) +3.1%
    Median Household Income $59,524
    College Educated 38.9%

    High-Yield Neighborhoods for Investment

    Identify North Miami Beach submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    Miami Beach $80K
    North Miami Beach $247.4K
    Miami $664.8K

    Taxes & Financing

    Tax Rate (average for all types) 1.51%
    Property Tax per SF $9.41 per SF
    Tax Rate vs County Average 0.05 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Miami-Dade County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Miami-Dade County

    Residential Income

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