Miami Square 633-699 NE 167th St 112,638 SF Office Building North Miami Beach, FL 33162 For Sale

Miami Square offers investors and developers a rare income-producing covered land play in the City of North Miami Beach. Situated on a 3.17-acre high-visibility corner site along NE 167th Street, the property includes approximately 112,638 rentable square feet across a 12-story office tower, retail components, structured parking, and additional campus redevelopment areas.
The asset provides current in-place income from office, retail, and parking operations, with additional upside through lease-up of existing vacancy. This creates a strategic acquisition profile: near-term income from the existing commercial campus, combined with the ability to pursue a larger mixed-use redevelopment plan over time.
The property is zoned Mixed-Use International Boulevard District - West (MU/IB-W). Current zoning analysis indicates an as-of-right residential density of up to 80 dwelling units per acre, with conceptual studies illustrating approximately 252 residential units while preserving the existing office tower. Additional intensity may be available through applicable local bonus provisions or Florida’s Live Local Act framework, subject to confirmation by land-use counsel, City review, site planning, parking, infrastructure, and all required approvals.
Seller is seeking a sale and will consider qualified joint venture proposals from experienced development, operating, or capital partners capable of executing a phased mixed-use redevelopment strategy. Financial information is available to qualified prospects upon execution of a confidentiality agreement.