Commercial property in North Miami Beach, Florida № 1945981

Property description

Well-maintained and fully occupied with staggered leases, the property provides immediate stability while giving a new owner the flexibility to reposition or partially occupy. With both rental rate and value-add upside, this asset stands out as a compelling investment, end-user, or 1031 Exchange opportunity. The building features a private on-site parking lot with 43 dedicated spaces, multiple street-level entrances, and a functional 7-9 unit subdivision that can accommodate both traditional office and medical use tenants. The highly visible corner location and direct connectivity to North Miami Beach’s main NE 163rd Street commercial corridor as well as both W. Dixie Highway, and Biscayne Boulevard makes this an incredible strategic acquisition for any investor bullish on the area.