101 NW 167th Street

APEX Capital Realty is proud to present a prime 4-story, 17,419 Sq. Ft. commercial building currently operating as a multi-tenant Office & Medical Office building. Sitting on a 3⁄4 acre lot on the highly trafficked 167th / 163rd Street corridor of North Miami Beach, the parcel comes complete with a large parking lot, drive-thru lane and drive-thru window, monument sign, and ingress/egress points from both sides of the building. The property is also conveniently located right at the freeway access point to both I-95 & 826, and sits adjacent to Jackson North Medical Center. Zoned B-2, this property has a variety of allowable uses including Retail, Restaurant, Office, Educational, and More. Some conditional uses include Dispensary, Multi-Family and Pharmacy. This property can be sold to an owner-user, or an investor looking to maximize on the strong rental rates afforded to this corridor due to its use as the main artery for access from I-95 to Aventura and Biscayne Boulevard.

Height: Four (4) Stories

Parking: 37 Space & 2 Handicap spaces

Traffic Count: 49,500 VPD

Zoning: B-2

Max Height: 15 Stories

Ceiling Height: 13 Ft

Allowable Uses: Retail, Restaurant, Office, Multi-Family ( Permitted conditionally as per RM-23 provisions), School & more

Pro-forma NOI: $448,240

Pro-forma Cap Rate: 6.8%