152 Ne 167th St 24,463 SF 57% Leased Office Building Miami, FL 33162 $7,400,000 ($302.50/SF)

Investment Opportunity/Owner Occupied
Location is everything! Office/medical building offered at $7,400,000, this five-story commercial office property presents a compelling opportunity to acquire a strategically positioned asset within one of North Miami Beach’s most dynamic corridors. Located along the highly visible NE 163rd / 167th Street commercial visibility, the property benefits from approximately 59,500 vehicles per day and within 2 minutes from Miami's major highways. The Golden Glades Interchange, provides seamless regional connectivity and direct access to Turnpike, I-95, Route 9, SR 826/Palmetto Expressway, US-441/SR-7 and east bound toward Aventura, Sunny Isles Beach and surrounding markets.
Spanning approximately 24,463 square feet on a 39,960-square-foot parcel, the building accommodates both traditional office and medical users. The building is approximatelly 50% leased, delivering immediate income while offering substantial potential for increased occupancy and revenue enhancement.
The property is zoned BU-2 / BU-3, allowing for a broad spectrum of commercial uses including office, medical, retail, hospitality, educational, religious, mixed-use, and additional permitted applications. Notably, the zoning permits unlimited building height, creating long-term redevelopment optionality and significant strategic upside.
If you are an investor seeking income with growth potential, owner-users pursuing a headquarters location with built-in expansion capability & visibility or a developer looking for a long-term development opportunity in a high-traffic, high-demand location without the premium associated with prime Miami locations, this is the deal for you.