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633-699 NE 167th St
Miami, FL 33162
Office Property For Sale

INVESTMENT HIGHLIGHTS

  • 2.9 Acre Oversized Lot in Main Corridor in Miami Beach
  • Two-Level Parking Garage with Additional Ground Floor Parking
  • Tremendous Mixed-use Development Potential
  • 12 Story Office Building, One Story Strip Retail Center, Free Standing One Story Retail Building
  • In Place Income and Upside through Leasing and Rental Increases
  • 232 Dwelling unit density

PROPERTY FACTS

Property Type
Office
Building Size
140,205 SF
Building Class
B
Year Built
1965
Percent Leased
78%
Tenancy
Multiple
Building Height
12 Stories
Typical Floor Size
8,200 SF
Building FAR
1.11
Lot Size
2.90 AC
Zoning
MU/IB-W - Mixed-Use
Parking
300 Spaces (2.14 Spaces per 1,000 SF Leased)

AMENITIES

  • Banking
  • Bus Line
  • Concierge
  • Food Service
  • Property Manager on Site
  • Fully Carpeted
  • Natural Light
  • Drop Ceiling
  • Wi-Fi
  • Air Conditioning

ABOUT 633-699 NE 167TH ST , MIAMI, FL 33162

The Regions North Miami Beach site is a 2.9 acre lot with frontage on 167th street (163rd street extension) as well as NE 6th Ave. The property consists of a 12 story office building with Regions Bank occupying the ground floor and drive thru. A retail strip center with parking in the rear fronts 167th street while a smaller, free standing, two tenant retail building with ample parking and exposure on NE 6th Ave. The property presents tremendous upside through filling all vacancies, adding another mixed used building, and/or redevelopment.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
07-2207-013-0010
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$11,158,958
  • Listing ID: 9243126

  • Date on Market: 9/20/2017

  • Last Updated:

  • Address: 633-699 NE 167th St, Miami, FL 33162

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