North Miami Beach, FL

153 NE 167th St, North Miami Beach FL 33162

$2,750,000

Key Details

Status
Active
Property Type
Retail
Year Built
1986

Overview

Exclusive acquisition opportunity of a spacious automotive/retail property on the key NE 163rd/167th Street corridor in North Miami Beach. For bullish area investors, this large 0.38-acre lot with development potential up to 8 stories can be viewed as a covered land opportunity to secure a central portion of the block on this high-traffic artery connecting I-95 to Aventura. In this case, the buyer would inherit a stable existing tenant with positive cash-flow to very comfortably hold the property until the area's next development cycle kicks into gear.

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