2040 NE 163rd St

    North Miami Beach, FL 33162
    • $6,700,000
    • STATUS: Active Under Contract
    • ON SITE: 201 days
    • MLS #: A10627373
    Under Contract
    UPDATED: 71 min ago
    $6,700,000
    • 0
      BEDS
    • 1.12
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    22
    Type:
    Commercial
    Built:
    1968
    County:
    Area:
    22

    School Ratings & Info

    Description

    *ZONE : 6400 COMMERCIAL * YEAR BUILT 1968 * LAND USE : MULTI-STORY OFFICE BUILDING * *LOT SIZE : 48,965 SQUARE FEET * BLDG SIZE : 27,766 SQUARE FEET .*THREE FLOORS **TOTAL RENTABLE ; 21,375 SQUARE FEET * 2 BATHROOMS PER FLOOR *TWO NEW 50 TON A/C UNITS*NEW ELEVATOR TO BE INSTALLED*TREMENDOUS INVESTMENT OPPORTUNITY *.HUGE UPSIDE , WITH GOOD MANAGEMENT* RENTED FOR LESS THAN MARKET RENT OFF $22 .00 PER SQ FT AND ONLY 90% RENTED.*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*104 PARKING SPACES;WITH AT LEAST 40% DOWN AND QUALIFIED BUYER OWNER MY FINANCE.TERMS AND INTEREST TO BE NEGOTIATED

    Monthly Payment Calculator



    Copyright 2019, 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 2019, 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 2019-09-15T23:41:00.887.
    www.rileysmithgroup.com/homes/92151950

    2040 NE 163rd St North Miami Beach, FL 33162

    • Price: $6,700,000
    • Status: Active Under Contract
    • Updated: 71 min ago
    • MLS #: A10627373
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1.12
    Acres
    1968
    Built
    Neighborhood:
    22
    County:
    Miami-Dade
    Area:
    22
    Property Description
    *ZONE : 6400 COMMERCIAL * YEAR BUILT 1968 * LAND USE : MULTI-STORY OFFICE BUILDING * *LOT SIZE : 48,965 SQUARE FEET * BLDG SIZE : 27,766 SQUARE FEET .*THREE FLOORS **TOTAL RENTABLE ; 21,375 SQUARE FEET * 2 BATHROOMS PER FLOOR *TWO NEW 50 TON A/C UNITS*NEW ELEVATOR TO BE INSTALLED*TREMENDOUS INVESTMENT OPPORTUNITY *.HUGE UPSIDE , WITH GOOD MANAGEMENT* RENTED FOR LESS THAN MARKET RENT OFF $22 .00 PER SQ FT AND ONLY 90% RENTED.*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*104 PARKING SPACES;WITH AT LEAST 40% DOWN AND QUALIFIED BUYER OWNER MY FINANCE.TERMS AND INTEREST TO BE NEGOTIATED
    Exterior Features

    Construction Type Cbs Construction Num Loading Doors 0 Num Parking Spaces 104 Parking Description Common Parking Roof Description Concrete Roof Waterfront Property Yn No

    Interior Features

    Floor Description Carpeted FloorsCeramic Floor Interior Ceiling Height 9.0000 Maximum Ceiling Height 10.0000 Num Offices 51

    Property Features

    Approximate Lot Size 48965 Electric Service 220 Volts Power Flood Zone X For Lease Yn Yes For Sale Yn Yes Location Of Property Central Business DistrictCity Location Num Bays 0 Ownership Corporation Property Description Multistory Office Building Reo YN No Sale Includes Building & Land Section 16 Short Sale Yn No Style Of Property Commercial Office Tax Amount 48347 Tax Year 2018 Typeof Property Commercial

    Listing courtesy of Aventura Real Estate, Inc..


    Copyright 2019, 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 2019, 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 2019-09-15T23:41:00.887.
     
    The Riley Smith Group
    3560 Main Highway
    Coconut Grove FL, 33133