2040 NE 163rd St

    North Miami Beach, FL 33162
    • $7,000,000
    • STATUS: Active
    • ON SITE: 406 days
    • MLS #: A10627373
    UPDATED: 56 min ago
    $7,000,000
    • 0
      BEDS
    • 1.12
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Commercial
    Built:
    1968
    County:

    School Ratings & Info

    Description

    EXCEPTIONAL OPPORTUNITY TO REDEVELOP COMMERCIAL OFFICE BUILDING LOCATED IN THE OPPORTUNITY ZONE OF NORTH MIAMI BEACH. BEING SOLD FOR POTENTIAL DEVELOPMENT - NEW ZONING ALLOWS 20 STORYS OR 250FT HEIGHT * THREE FLOORS * TOTAL RENTABLE 21,375 SQUARE FEET * 2 BATHROOMS PER FLOOR * TWO NEW 50 TON A/C UNITS * RENOVATED ELEVATOR, ROOF AND HALLWAYS REDONE AND WILL ALLOW FOR RENT INCREASE * TREMENDOUS INVESTMENT OPPORTUNITY * HUGE UPSIDE , WITH GOOD MANAGEMENT * THE CITY GOVERNMENT OF NORTH MIAMI BEACH HAS REZONED N.E 163RD ST TO ALLOW TALLER AND DENSER REAL ESTATE DEVELOPMENTS * HIGH TRAFFIC COUNT ON ONE OF THE MAIN ARTERIES BETWEEN I-95 AND SUNNY ISLES BEACH * 105 PARKING SPACES;WITH AT LEAST 40% DOWN AND QUALIFIED BUYER OWNER MY FINANCE*TERMS AND INTEREST TO BE NEGOTIATED

    Monthly Payment Calculator



    Copyright 2020, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS’s in the Southeast Florida Regional Multiple Listing Service cooperative agreement, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2020, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Data last updated 2020-04-07T23:41:40.127.
    www.groveproperties.com/homes/92151950

    2040 NE 163rd St North Miami Beach, FL 33162

    • Price: $7,000,000
    • Status: Active
    • Updated: 56 min ago
    • MLS #: A10627373
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1.12
    Acres
    1968
    Built
    County:
    Miami-Dade
    Property Description
    EXCEPTIONAL OPPORTUNITY TO REDEVELOP COMMERCIAL OFFICE BUILDING LOCATED IN THE OPPORTUNITY ZONE OF NORTH MIAMI BEACH. BEING SOLD FOR POTENTIAL DEVELOPMENT - NEW ZONING ALLOWS 20 STORYS OR 250FT HEIGHT * THREE FLOORS * TOTAL RENTABLE 21,375 SQUARE FEET * 2 BATHROOMS PER FLOOR * TWO NEW 50 TON A/C UNITS * RENOVATED ELEVATOR, ROOF AND HALLWAYS REDONE AND WILL ALLOW FOR RENT INCREASE * TREMENDOUS INVESTMENT OPPORTUNITY * HUGE UPSIDE , WITH GOOD MANAGEMENT * THE CITY GOVERNMENT OF NORTH MIAMI BEACH HAS REZONED N.E 163RD ST TO ALLOW TALLER AND DENSER REAL ESTATE DEVELOPMENTS * HIGH TRAFFIC COUNT ON ONE OF THE MAIN ARTERIES BETWEEN I-95 AND SUNNY ISLES BEACH * 105 PARKING SPACES;WITH AT LEAST 40% DOWN AND QUALIFIED BUYER OWNER MY FINANCE*TERMS AND INTEREST TO BE NEGOTIATED
    Exterior Features

    Construction Materials Cbs Construction Lot Features Central Business DistrictCity Location Parking Features Common Parking Total 104 Pool Private YN No Roof Concrete Waterfront YN No

    Interior Features

    Building Area Total 26766 Flooring CarpetCeramic Floor Stories Total 3

    Property Features

    Association YN No Business Type Office SpaceProfessional Electric 220 Volts Horse YN No Internet Address Display YN Yes Internet Automated Valuation Display YN No Internet Entire Listing Display YN Yes New Construction YN No Ownership Corporation Public Survey Section 16 Senior Community YN No Special Listing Conditions Sale Tax Annual Amount 48347 Tax Year 2018

    Listing courtesy of Aventura Real Estate, Inc..


    Copyright 2020, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS’s in the Southeast Florida Regional Multiple Listing Service cooperative agreement, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2020, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Data last updated 2020-04-07T23:41:40.127.
     
    Grove Properties
    3936 Main Highway
    Coconut Grove FL, 33133