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161 NE 183rd St 4,905 SF Retail Building Miami, FL 33179 $4,000,000 ($815.49/SF)
Executive Summary
Executive Summary
The offering includes two congruous parcels located at 161 NE 183rd St, Miami, FL 33179 offering a strategic location in the North Miami area with significant frontage. Parcel 1 is situated on the corner of NE 1st Court and NE 183rd St Miami currently operates as a banquet hall/entertainment venue, while Parcel 2 is currently used for parking of trucks and cars. Parcel 1 is zoned BU - 1A and Parcel 2 is zoned RU2.
Ideal for the following uses:
Neighborhood Retail & Service Center- Converting the existing structure into a multi-tenant strip for essential services—such as a modern urgent care, dental clinic, fitness boutique, high-end daycare, church or office. The additional lot resolves typical parking constraints for high-intensity retail or medical uses.
Medical or Professional Office Hub- The property’s 153-foot frontage on a major east-west artery makes it an ideal standalone facility for a medical group or professional firm (legal, accounting, or real estate). BU-1A zoning allows for professional services "by right," minimizing regulatory "red tape".
Mixed-Use Redevelopment The assemblage allows for a ground-floor commercial presence along NE 183rd St with residential density on the RU-2 portion. Under the Live Local Act, the project could potentially secure density bonuses and expedited permitting for workforce housing, allowing for greater height than the standard BU-1A limit.
The full assemblage offers unique flexibility. The site is best suited as a neighborhood-serving commercial asset or a mixed-use redevelopment play that leverages the additional land for parking or residential density.
Parcel 1
The subject property is a freestanding commercial building primarily used for entertainment and social gatherings.
• Address: 161 NE 183rd Street, Miami, FL 33179
• Property Type: Commercial (Nightclub / Lounge / Banquet Hall)
• Building Size: ± 4,905 SF
• Lot Size: ± 16,956 SF (0.39 Acres)
• Year Built: 1972
• Parcel ID (APN): 30-2101-022-0100
• Subdivision: Abbott Acres
• Zoning: BU -1A (Limited Business)
Parcel 2
• Property Type: Vacant lot
• Lot Size: ± 8767 SF (0.20 Acres)
• Parcel ID (APN): 30-2101-022-0200
• Subdivision: Abbott Acres
• Zoning: RU 2 (Two Family Residential/ Parking)
The offering includes two congruous parcels located at 161 NE 183rd St, Miami, FL 33179 offering a strategic location in the North Miami area with significant frontage. Parcel 1 is situated on the corner of NE 1st Court and NE 183rd St Miami currently operates as a banquet hall/entertainment venue, while Parcel 2 is currently used for parking of trucks and cars. Parcel 1 is zoned BU - 1A and Parcel 2 is zoned RU2.
Ideal for the following uses:
Neighborhood Retail & Service Center- Converting the existing structure into a multi-tenant strip for essential services—such as a modern urgent care, dental clinic, fitness boutique, high-end daycare, church or office. The additional lot resolves typical parking constraints for high-intensity retail or medical uses.
Medical or Professional Office Hub- The property’s 153-foot frontage on a major east-west artery makes it an ideal standalone facility for a medical group or professional firm (legal, accounting, or real estate). BU-1A zoning allows for professional services "by right," minimizing regulatory "red tape".
Mixed-Use Redevelopment The assemblage allows for a ground-floor commercial presence along NE 183rd St with residential density on the RU-2 portion. Under the Live Local Act, the project could potentially secure density bonuses and expedited permitting for workforce housing, allowing for greater height than the standard BU-1A limit.
The full assemblage offers unique flexibility. The site is best suited as a neighborhood-serving commercial asset or a mixed-use redevelopment play that leverages the additional land for parking or residential density.
Parcel 1
The subject property is a freestanding commercial building primarily used for entertainment and social gatherings.
• Address: 161 NE 183rd Street, Miami, FL 33179
• Property Type: Commercial (Nightclub / Lounge / Banquet Hall)
• Building Size: ± 4,905 SF
• Lot Size: ± 16,956 SF (0.39 Acres)
• Year Built: 1972
• Parcel ID (APN): 30-2101-022-0100
• Subdivision: Abbott Acres
• Zoning: BU -1A (Limited Business)
Parcel 2
• Property Type: Vacant lot
• Lot Size: ± 8767 SF (0.20 Acres)
• Parcel ID (APN): 30-2101-022-0200
• Subdivision: Abbott Acres
• Zoning: RU 2 (Two Family Residential/ Parking)
Property Facts
Sale Type
Owner User
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Building Size
4,905 SF
Building Class
C
Year Built
1972
Price
$4,000,000
Price Per SF
$815.49
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.19
Lot Size
0.59 AC
Zoning
BU-1A, Miami - BU-1A and RU 2 zoning creating flexibility for many uses
Parking
12 Spaces (3.05 Spaces per 1,000 SF Leased)
Frontage
Moderately walkable
60/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 30-2101-022-0100 | Improvements Assessment | $380,598 |
| Land Assessment | $305,208 | Total Assessment | $685,806 |
Property Taxes
Parcel Number
30-2101-022-0100
Land Assessment
$305,208
Improvements Assessment
$380,598
Total Assessment
$685,806
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161 NE 183rd St
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