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626 NE 167th St 0.15 Acres of Commercial Land Offered at $497,000 in Miami, FL 33162
Investment Highlights
- Positioned along NE 167th Street with visibility to more than 61,500 vehicles daily
- Located within the Golden Glades area near established retail and service businesses
- Owner financing and 50 % down
- Immediate connectivity to Interstate 95 and close proximity to Biscayne Boulevard
- Surrounded by dense residential neighborhoods, enhancing customer traffic and demand
Executive Summary
This 0.15-acre commercial parcel offers a rare development opportunity in a high-traffic corridor of North Miami Beach. Located along NE 167th Street, a major east-west artery with an average of over 61,500 daily commuters, the site is perfectly positioned for retail, service-oriented businesses, or other community commercial uses. The property benefits from B-2 zoning, allowing for diverse commercial applications while ensuring long-term value potential. With immediate access to Interstate 95 and just blocks from Biscayne Boulevard, the site delivers unmatched regional connectivity for businesses that prioritize visibility and accessibility. The parcel’s location in the Golden Glades area places it near established shopping centers, national retailers, and dense residential neighborhoods, supporting strong consumer demand in one of Miami-Dade County’s most dynamic markets. Whether developed as retail frontage, a small service center, or ancillary parking, this property provides both developers and investors with a strategic foothold in a growth-focused corridor.
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- Offering Memorandum
Property Facts
| Price | $497,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Commercial |
| No. Lots | 1 | Total Lot Size | 0.15 AC |
| Property Type | Land | ||
| Zoning | B-2 - Community commercial uses like retail stores, restaurants, and service businesses. | ||
| Price | $497,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 0.15 AC |
| Zoning | B-2 - Community commercial uses like retail stores, restaurants, and service businesses. |
1 Lot Available
Lot
| Price | $497,000 | Lot Size | 0.15 AC |
| Price Per AC | $3,313,333.33 |
| Price | $497,000 |
| Price Per AC | $3,313,333.33 |
| Lot Size | 0.15 AC |
The subject property is located on main artery NE 167th St, (approx. 61,500+ daily commuters) Immediate access to 1-95 and within blocks to Biscayne Blvd. Opportunity to develop into a parking lot, retail Owner financing and 50 % down
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Moderately walkable
70/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 30-2218-003-0060 | Improvements Assessment | $0 |
| Land Assessment | $585,000 | Total Assessment | $585,000 |
Property Taxes
Parcel Number
30-2218-003-0060
Land Assessment
$585,000
Improvements Assessment
$0
Total Assessment
$585,000
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626 NE 167th St