North Miami Fully-Entitled Development Parcel

16300 NE 19th Ave Ste D, North Miami Beach, FL 33162

  • For Sale $40,000,000
  • Property Type VacantLand
  • Property Size 34,927 SF
  • Lot Size 0.86 Acre
  • Year Built 1961
  • Date Updated May 30, 2025
The South Florida real estate market, encompassing Palm Beach, Broward, Miami-Dade, Monroe, Martin, and St. Lucie counties, has undergone significant changes due to the COVID-19 pandemic. This overview draws from interviews, reports, and trend analyses concerning construction prices, sales, rent rates, and occupancies. The pandemic induced widespread business closures and a shift to remote work in March2020,freezing manynew transactionsamid marketuncertainty.EXECUTIVE SUMMARY CEO Contract, Inc. ("The Sponsor"), is aiming to secure a $116 million construction loan for the property at 16300 NE 19th Avenue, North Miami. This loan, representing 81.5 % loan-to-cost, 72% loan-to value is for a 37,281-square-foot site designated for luxury multi-family development, totaling 508,674 gross square feet. The project is fully approved and ready to commence construction.
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Highlights

  • $116,000,000
  • $116,000,987
  • $142,301,066
  • $26,300,080
  • 16300NE 19thAvenue
  • 2Year
  • 341
  • 508,674SF
  • 81.5%
  • ASAP
  • Capital
  • Closing
  • ConstructionLoan
  • Debt
  • Equity
  • EXECUTIVESUMMARY
  • Financial
  • LoanAmount
  • LTC(LastDollar)
  • Multi-Family:Rental

Contacts

broker
Steve Madura

Hilco Real Estate

Location

Getting Around

  • Walk Score ®

    93/100 Walker's Paradise

  • Transit Score ®

    51/100 Good Transit

  • Bike Score ®

    83/100 Very Bikeable
Powered by Walk Score ®
  • City North Miami Beach, FL
  • Neighborhood North Miami Beach City Center
  • Zip Code 33162
  • Market Miami

Points of Interest

  • Aventura

    2.41 miles

  • Opa-Locka

    5.94 miles

  • Sheridan Street

    7.30 miles

  • Miami

    7.99 miles

  • Hialeah Market

    9.98 miles

  • Valero

    0.06 miles

  • Sunoco

    0.26 miles

  • Marathon

    0.43 miles

  • BP

    0.56 miles

  • Exxon

    0.79 miles

  • Costco Gasoline

    1.07 miles

  • Citgo

    1.12 miles

  • Murphy USA

    1.15 miles

  • Mobil

    1.33 miles

  • Blink

    1.89 miles

  • AC2 Loading Area Parking Lot

    1.79 miles

  • Bayview Parking Lot

    1.87 miles

  • AQRC Parking Lot

    1.90 miles

  • Haulover Marine Center Parking

    2.45 miles

  • Pier Park Lot

    2.56 miles

  • Lot #1

    2.60 miles

  • Municipal Parking - 175 Terrace Lot

    2.61 miles

  • Lot #2

    2.73 miles

  • Bill Bird Marina Parking Lot

    2.79 miles

  • Lot #3 & #4

    2.91 miles

  • Courtyard Miami Aventura Mall

    2.16 miles

  • Hilton

    2.19 miles

  • Rodeway Inn Miami I-95

    2.53 miles

  • Newport Beachside Hotel & Resort

    2.56 miles

  • Best Western Plus Windsor Inn

    2.61 miles

  • DoubleTree Resort & Spa Hotel Ocean Point - North Miami Beach

    2.65 miles

  • Residence Inn Miami Sunny Isles Beach

    2.67 miles

  • Residence Inn Miami Aventura Mall

    2.68 miles

  • Turnberry Isle Miami

    2.82 miles

  • JW Marriott Miami Turnberry Resort & Spa

    2.83 miles

  • La Granja

    0.05 miles

  • Burger King

    0.08 miles

  • Checkers

    0.10 miles

  • Pollo Tropical

    0.12 miles

  • Taco Bell

    0.25 miles

  • Wendy's

    0.41 miles

  • McDonald's

    0.43 miles

  • KFC

    0.46 miles

  • Thai House II Restaurant

    0.47 miles

  • Arby's

    0.51 miles

  • Fulford Elementary School

    0.29 miles

  • Northeast Academy

    0.29 miles

  • Yale Preschool

    0.30 miles

  • Nova Southeastern University Fischer Center

    0.30 miles

  • The Little Sailors School

    0.43 miles

  • Southeastern College of Osteopathic Medicine

    0.46 miles

  • Allison Academy

    0.47 miles

  • Centro Educational Angel E Fuster School

    0.49 miles

  • Temple Samu-el Early Childhood Educational Program

    0.80 miles

  • North Miami Beach Senior High School

    0.86 miles

  • Fulford Christian Day Care

    0.06 miles

  • Small Fry Educational Center

    0.31 miles

  • Tiny Town Development Center

    0.51 miles

  • Hazel Crawford Day Care Center

    0.62 miles

  • Donald's Day Care Center

    0.96 miles

  • Sonia Garbutt Day Care Center

    1.02 miles

  • Azolina Young Family Day Care Center

    1.09 miles

  • Bryan Day Care Center

    1.13 miles

  • Farahs Angels Day Care Center

    1.23 miles

  • My Kids Place Christian Day Care Center

    1.57 miles

Frequently Asked Questions

How much does North Miami Fully-Entitled Development Parcel cost?

The space currently listed for sale at North Miami Fully-Entitled Development Parcel asks for $40,000,000.

What is the total square footage of North Miami Fully-Entitled Development Parcel?

North Miami Fully-Entitled Development Parcel totals 34,927 square feet.

When was this property built?

North Miami Fully-Entitled Development Parcel was built in 1961.

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Contact Listing Broker
broker
Steve Madura

Hilco Real Estate

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