New Construction
Address
16460 NE 16th Ave North Miami Beach, FL
Price
$ 1,350,000
Property Attributes
  • MLS#A10655656
  • TypeCommercial
  • CountyMIAMI-DADE
  • CityNorth Miami Beach
  • Area22
  • Zip33162
  • StyleMixedUse
  • Year Built1969
  • Taxes10684
  • Price$ 1,350,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage4520
  • Lot Size12,377 SqFt
Listing Provided Courtesy Of:
One Sotheby's International Realty
Property Description

This Corner strip center is off a high traffic street and is comprised of 5 units with great visibility. First time on the market in 25 years. Less than a half a mile from super Walmart and close to the beaches and Aventura. Neighborhood re-gentrifying with 1k new units under construction. Possible upside potential includes adding a second story and an opportunity for rent increases. Across the street from amphitheater and newly built North Miami recreational park that supplies high demand to the shopping center. Units are in good condition. The building passed 30-year inspection. New a/c units in 4 units. Long term tenants are a gourmet specialty food shop (Indian), Latin restaurant, day spa, barber shop, and a nail salon. Owner is the property manager and is retiring.

Price History
4/12/2019 Listed $965,000

General Features

Cooling CentralAir
Electric Item110Volts, Item220Volts
Flooring Concrete, Tile
Heating None
Levels One
MLS Area 22
Ownership Corporation
Parking Features Common, Handicap
Property SubType MixedUse
Property Type CommercialSale
Roof Concrete
Sewer PublicSewer
Special Listing Conditions CorporateListing
Structure Type Retail
Terms Cash
Year Built Details Resale
Zoning Description 6400

Interior Features

Air Conditioning Y/N Yes
Heating Y/N No
Living Area 4520.0

Exterior Features

Building Area Total 4520.0
Covered Spaces 0.0
Lot Size Area 12377.0
Lot Size Square Feet 12377.0
Number of Buildings 1
Road Frontage Type CityStreet
Total Parking 16.0
Water Source Public
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 33162

Price
AVG $2.07M
$1.35M
Taxes
AVG $8,354
$10,684
Visits
AVG 36
57
Year Built
AVG 1962
1969
Walkscore
AVG 85
94
Data Provided by Walkscore ® not using MLS data

Looking for a more comfortable experience?

Download our mobile app for a personalized browsing experience.

Areas We Cover