152 Ne 167th St - Medical FOR SALE


Miami, FL 33162- Biscayne Gardens East
$7,400,000 USD
305-970-5574
152 Ne 167th St, Miami, FL for Sale
$7,400,000 USD
Medical - FOR SALE
1/34
null | Request Cap Rate

152 Ne 167th St
Miami, FL 33162
Biscayne Gardens East


HIGHLIGHTS

  • LOCATION! Easy access to and from all Miami major highways
  • Public transportation as Golden Glades Commuter Rail (Tri_County Commuter)
  • Approximately 15 minutes from Aventura Brightline Train Station to Orlando
  • Between 2 major airports - FT. Lauderdale and Miami International Airports
  • Approximately 2 minutes from Jackson North Medical Center
  • Approximately 15 minutes to Aventura and North Shore Hospitals

OVERVIEW

Investment Opportunity/Owner Occupied Location is everything! Office/medical building offered at $7,400,000, this five-story commercial office property presents a compelling opportunity to acquire a strategically positioned asset within one of North Miami Beach’s most dynamic corridors. Located along the highly visible NE 163rd / 167th Street commercial visibility, the property benefits from approximately 59,500 vehicles per day and within 2 minutes from Miami's major highways. The Golden Glades Interchange, provides seamless regional connectivity and direct access to Turnpike, I-95, Route 9, SR 826/Palmetto Expressway, US-441/SR-7 and east bound toward Aventura, Sunny Isles Beach and surrounding markets. Spanning approximately 24,463 square feet on a 39,960-square-foot parcel, the building accommodates both traditional office and medical users. The building is approximatelly 50% leased, delivering immediate income while offering substantial potential for increased occupancy and revenue enhancement. The property is zoned BU-2 / BU-3, allowing for a broad spectrum of commercial uses including office, medical, retail, hospitality, educational, religious, mixed-use, and additional permitted applications. Notably, the zoning permits unlimited building height, creating long-term redevelopment optionality and significant strategic upside. If you are an investor seeking income with growth potential, owner-users pursuing a headquarters location with built-in expansion capability & visibility or a developer looking for a long-term development opportunity in a high-traffic, high-demand location without the premium associated with prime Miami locations, this is the deal for you.

FOR SALE DETAILS

PRICE

$7,400,000 USD

PRICE/SF

$302 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

5

BUILDING CLASS

B

YEAR BUILT

1987

SPRINKLERS

-

PARKING SPACES

76

LAND DETAILS

LAND ACRES

0.92 AC

LAND SF

40,075 SF

ZONING

BU-2 /BU-3

APN/PARCEL ID

30-2113-007-3790,30-2113-007-3890,30-2113-007-3920

ASK ABOUT THIS PROPERTY

Paula SaltAlliance TrustMore Info
305-970-5574

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Paula SaltAlliance TrustMore Info
305-970-5574

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.