101 NW 167th Street
101 NW 167th Street, North Miami Beach, FL 33169
- For Sale $6,500,000
- Property Type Office - General Office
- Property Size 17,419 SF
- Lot Size 0.7 Acre
- Parking Spaces Avail. 37
- Parking Ratio 2.12/ 1,000 SF
- Year Built 1981
- Date Updated May 30, 2022
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
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%
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- City North Miami Beach, FL
- Neighborhood Uleta
- Zip Code 33169
- Market Miami
Frequently Asked Questions
What is the total square footage of 101 NW 167th Street?
101 NW 167th Street totals 17,419 square feet.
When was this property built?
101 NW 167th Street was built in 1981.
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