633 NE 167 Street, North Miami Beach FL 33162 633 NE 167 Street, North Miami Beach FL 33162 633 NE 167 Street, North Miami Beach FL 33162 633 NE 167 Street, North Miami Beach FL 33162 633 NE 167 Street, North Miami Beach FL 33162 633 NE 167 Street, North Miami Beach FL 33162 633 NE 167 Street, North Miami Beach FL 33162
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$18,000,000
861 days
Active With Contract • 0 BEDS • 0 BATHS • 136,468 SQFT

Overview

he Regions North Miami Beach Site, a complex containing a 12 story office building, a one-story retail shopping strip center, a two-level parking garage, and a free-standing one-story retail building, all on 2.9 acres of prime North Miami Beach land. This exclusive offering consists of a mix of retail and office with ample parking. Recent strategic upgrades and renovations done on the property have led to a recent increase in leasing and further improvements could raise the occupancy and rates. Tremendous upside in redeveloping the property to include a hotel, residential, self-storage and retail with North Miami Beach's B-2 zoning while taking advantage of its rental income and lease-up upside.

Facts and features

Type:
Commercial Sale
Year Built:
1965
Heating:
No Data
Cooling:
No Data
Parking:
• Assigned • Common • Covered • Free Parking • Garage • Guest • Other • On Street
Lot:
2.9
Price/sqft:
$132

Estimate

$363,100
Estimated sales range: $319,000 - $408,500

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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 ©2021-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: TIR Prime Properties Corp.