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16750 NE 10th Ave, North Miami Beach FL 33162

Commercial Recently Sold
$2,500,000

BTC: 39.06250000

ETH: 1,431.84421535

Sold on: 2022-11-09
20 days
0 room(s)

Overview

13 condo units located on the prestigous Newland Gardens, 10th Avenue and 167th Street. Ten 2-bedrooms 2-bathroom units and three one-bedroom units. Unique and Quiet Building, with Pool in Central Patio, Balcony, Central Air Conditioning. Building / Parking Closed. Elevator, Laundry facilities. Currently leased to mostly long term tenants with annual leases in place (20% below market).

Location

Florida • North Miami Beach • 33162 • Commercial • Recently Sold

Details

Type:
Commercial Sale
Parking:
No Data
Year Built:
1975
Lot:
30000 Square Feet
Heating:
Central Electric
Price/sqft:
No Data
Cooling:
Central Individual A/C
HOA:
$5,472

Valuation

Our model vs. what's actually selling nearby.
Estimate
$3,550,000
$1.4M – $6.1M
Confidence Low
List vs. estimate
$950K below estimate
List $2,600,000 · -26.8%
Our model says this listing is priced below recent comparable activity. Expect competition.
Based on
6 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $324K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$31,000
2021
HOA
$5,472/mo
All facts and features

  • Heating

    • Central Electric

    Cooling

    • Central Individual A/C

  • Lot

    • Lot: 30000 Square Feet

    Other Property Information

    • Parcel Number: 07-22-07-072-0070

    • Zoning: 3000

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Income/MultiFamily

  • Other financial information

    • HOA: $5,472

    • HOA Frequency: Monthly

    • Annual tax amount: $31,000

  • Source details

    • MLS ID: A11241349

    Other facts

    • Construction Materials: Other

    • Water Source: Public

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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Market around this address

Live counts in the same area.
View all
This zip
33162
201
median $250K
Active
Same city
North Miami Beach
450
median $440K
Active
Same type
Commercial
27
median $199K
Active
Similar price
$1.8M – $3.4M
23
median $2.3M
Active

The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: LES Management, LLC