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Oak Plaza 1620-1648 NE 148th St 15,604 SF 58% Leased Retail Building Miami, FL 33181 $3,950,000 ($253.14/SF)

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INVESTMENT HIGHLIGHTS

  • 15 Micro-Retail Units
  • Value-Add Opportunity with Significant Upside Potential
  • 73% occupancy
  • BU-1 Zoning

EXECUTIVE SUMMARY

15 Unit Strip Center
A unique investment opportunity along W Dixie Highway: a 15-unit micro retail shopping center offering substantial value add potential. The current tenancy consists primarily of vacant units or month-to-month occupants, providing exceptional flexibility for repositioning the asset. Investors may pursue full owner-user occupancy, a hybrid owner/ tenant structure, or a comprehensive re-leasing strategy at prevailing market rents.

Property Highlights
• 15 Micro-Retail Units
• 73% occupancy
• Value-Add Opportunity with Significant Upside Potential
• BU-1 Zoning allows for a maximum development height of up to 45ft and 4 stories.

ATTACHMENTS

1620 NE 148th St

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
15,604 SF
Building Class
C
Year Built
1973
Price
$3,950,000
Price Per SF
$253.14
Percent Leased
58%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.43
Lot Size
0.83 AC
Opportunity Zone
Yes
Zoning
BU-1 - Neighborhood Business
Parking
20 Spaces (1.28 Spaces per 1,000 SF Leased)
Frontage
233’ on NE 148th St

AMENITIES

  • Bus Line

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • J & C Healthcare Center
  • Professional, Scientific, and Technical Services
  • -
  • -
  • -
  • Surveillance Masters CCTV
  • -
  • -
  • -
  • -
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
J & C Healthcare Center Professional, Scientific, and Technical Services - - -
Surveillance Masters CCTV - - - -

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • POSITION
  • AVAILABLE
  • 1626
  • 930 SF
  • Retail
  • -
  • Now

930 SqFt available in a Retail strip center. Suitable for office space, 1 bathroom. Ample parking for all tenants and guests. SHOWN BY APPOINTMENT ONLY. Restaurant, Smoke Shop, Salon not possible.

  • 1630
  • 930 SF
  • Retail
  • -
  • Now

930 SqFt available in a Retail strip center. Suitable for office space, 1 bathroom. Ample parking for all tenants and guests. SHOWN BY APPOINTMENT ONLY. Restaurant, Smoke Shop, Salon not possible.

  • 1632
  • 930 SF
  • Retail
  • In-Line
  • Now

930 SqFt available in a Retail strip center. Suitable for office space, 1 bathroom. Ample parking for all tenants and guests. SHOWN BY APPOINTMENT ONLY. Restaurant, Smoke Shop, Salon not possible.

  • 1642-1644
  • 1,860 SF
  • Office/Retail
  • -
  • Now

1,860 SqFt available in a Retail strip center. May be combined for a total of 3,720 sqft. Suitable for office space, 2 bathrooms. Ample parking for all tenants and guests. SHOWN BY APPOINTMENT ONLY. Restaurant, Smoke Shop, Salon not possible.

  • 1646-1648
  • 1,860 SF
  • Retail
  • In-Line
  • Now

1,860 SqFt available in a Retail strip center. May be combined for a total of 3,720 sqft. Suitable for office space, 2 bathrooms. Ample parking for all tenants and guests. SHOWN BY APPOINTMENT ONLY. Restaurant, Smoke Shop, Salon not possible.

Space Size Space Use Position Available
1626 930 SF Retail - Now
1630 930 SF Retail - Now
1632 930 SF Retail In-Line Now
1642-1644 1,860 SF Office/Retail - Now
1646-1648 1,860 SF Retail In-Line Now

1626

Size
930 SF
Space Use
Retail
Position
-
Available
Now

1630

Size
930 SF
Space Use
Retail
Position
-
Available
Now

1632

Size
930 SF
Space Use
Retail
Position
In-Line
Available
Now

1642-1644

Size
1,860 SF
Space Use
Office/Retail
Position
-
Available
Now

1646-1648

Size
1,860 SF
Space Use
Retail
Position
In-Line
Available
Now

1626

Size 930 SF
Space Use Retail
Position -
Available Now

930 SqFt available in a Retail strip center. Suitable for office space, 1 bathroom. Ample parking for all tenants and guests. SHOWN BY APPOINTMENT ONLY. Restaurant, Smoke Shop, Salon not possible.

1630

Size 930 SF
Space Use Retail
Position -
Available Now

930 SqFt available in a Retail strip center. Suitable for office space, 1 bathroom. Ample parking for all tenants and guests. SHOWN BY APPOINTMENT ONLY. Restaurant, Smoke Shop, Salon not possible.

1632

Size 930 SF
Space Use Retail
Position In-Line
Available Now

930 SqFt available in a Retail strip center. Suitable for office space, 1 bathroom. Ample parking for all tenants and guests. SHOWN BY APPOINTMENT ONLY. Restaurant, Smoke Shop, Salon not possible.

1642-1644

Size 1,860 SF
Space Use Office/Retail
Position -
Available Now

1,860 SqFt available in a Retail strip center. May be combined for a total of 3,720 sqft. Suitable for office space, 2 bathrooms. Ample parking for all tenants and guests. SHOWN BY APPOINTMENT ONLY. Restaurant, Smoke Shop, Salon not possible.

1646-1648

Size 1,860 SF
Space Use Retail
Position In-Line
Available Now

1,860 SqFt available in a Retail strip center. May be combined for a total of 3,720 sqft. Suitable for office space, 2 bathrooms. Ample parking for all tenants and guests. SHOWN BY APPOINTMENT ONLY. Restaurant, Smoke Shop, Salon not possible.

Walk Score®
Very Walkable (78)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

Bravo Supermarkets
Synovus Bank
Five Guys
Philly Pretzel Factory
Tgi Friday's
Starbucks
Santander
Chase Bank
PNC Bank
Publix

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
30-2220-002-3920
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,327,938
  • Listing ID: 36535427

  • Date on Market: 6/29/2025

  • Last Updated:

  • Address: 1620-1648 NE 148th St, Miami, FL 33181

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