1880 Ne 163rd St, North Miami Beach, FL 33162

Property Description

Exceptional opportunity to acquire a highly visible, two-story commercial building in the heart of North Miami Beach. Located directly on NE 163rd Street, this approximately 7,500-square-foot property offers a compelling combination of location, flexibility, dedicated parking, and value-add potential. The building features approximately 4,400 square feet on the ground floor and 3,100 square feet on the second floor, connected by an operational elevator. The sale includes a separate parking parcel, bringing the combined land area to approximately 14,000 square feet across two folios. Delivered vacant at closing, the property provides flexibility for both owner-users and investors. A buyer can occupy the entire building, establish a business on one floor while generating rental income from the other, or explore a multi-tenant configuration. Potential uses include professional offices, medical or service-oriented businesses, retail, and other commercial operations, subject to zoning and applicable approvals. For investors seeking upside, the property's existing condition presents an opportunity to renovate, modernize, and reposition the asset in an established commercial corridor. Potential City renovation grant funding may further enhance the opportunity, subject to independent verification and approval.