- For Sale Subject To Offer
- Property Type Office - General Office
- Property Size 112,638 SF
- Units 142
- Lot Size 3.17 Acre
- Property Tenancy Multi-Tenant
- Building Class B
- Year Built 1959
- Year Renovated 2024
- Date Updated Sep 4, 2026
Description
Miami Square is strategically anchored in the high-growth corridor of North Miami Beach, a submarket increasingly defined by its connectivity and urban transformation. Positioned along Northeast 167th Street, the property benefits from exceptional visibility and proximity to major transit arteries, placing it at the nexus of South Florida’s most vibrant residential and commercial hubs. This area is experiencing a significant "Live Local" renaissance, as North Miami Beach continues to evolve into a preferred destination for professionals seeking a sophisticated balance of work-life integration. With a robust local economy and a steady influx of new residents, the Northeast Dade submarket offers a resilient environment for both stabilized office assets and aggressive new residential development. Miami Square sits at the epicenter of this shift, perfectly sized and situated to maximize the density provisions of Florida's latest housing legislations.Mid-rise, multi-tenant office campus at 633-699 Northeast 167th Street features 112,638 square feet of flexible workspace, attached retail, and structured parking within a well-maintained 3.17-acre campus. While generating immediate, robust cash flow from its office and retail components, the property represents an extraordinary covered land play.
By demolishing the existing parking structure, a developer can unlock a high-density footprint primed for up to 80 units per acre—with potential for significantly higher density by leveraging Florida’s Live Local Act. The complex has received over $7 million in recent capital improvements, preserving long-term asset value while a buyer navigates site plans.
Deal Structure: The owner is primarily seeking an outright sale but is highly qualified and uniquely open to a joint venture (JV) proposal with an experienced developer to unlock the site's mixed-use campus potential.
Highlights
- 112,638 square feet of multi-tenant office and retail spaces
- 3.17-acre lot allows for significant redevelopment potential
- Flexible Structural Options: Joint Venture (JV) partnership with an experienced developer.
- Ideal for development and value-add office investors
- Immediate rental income with developable land
- Mid-rise profile offers efficient office floor plates
- More than $7 million in recent capital improvements
- Situated on NE 167th Street corridor with over 55,000 AADT
- Structured parking delivers convenient tenant and visitor access
- Zoning allows up to 80 units/acre or more via the Live Local Act.
False
Contacts
Mariano Saal
TIR Prime Realty
Location
Located at 633-699 Northeast 167th Street, North Miami Beach, FL 33162, this property is part of the Pan Uleta - Windward neighborhood and Miami market.
Contact Listing Broker
Mariano Saal
TIR Prime Realty