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161 NE 183rd St 4,905 SF Retail Building Miami, FL 33179 $5,580,400 CAD ($1,137.70 CAD/SF)
Investment Highlights
- LOCATION, VISIBILITY, OPPORTUNITY, FLEXIBILITY
Executive Summary
Unlock the potential of one of North Miami's most strategic commercial redevelopment opportunities.
Positioned on a highly visible corner with approximately 153 feet of frontage along NE 183rd Street, this rare two-parcel assemblage offers investors, developers, and owner-users the flexibility to capitalize on one of Miami-Dade's busiest commercial corridors. The offering includes an existing 4,905-square-foot commercial building plus an adjacent parcel that significantly enhances parking, expansion, or future redevelopment potential.
• Rare two-parcel assemblage
• Major corner location with exceptional visibility
• Minutes from I-95, Florida's Turnpike, SR-826, and the Golden Glades Interchange
• Existing income-producing commercial structure
• Additional parcel provides valuable parking or redevelopment flexibility
• BU-1A zoning supports a broad range of commercial uses
• Potential mixed-use redevelopment opportunity utilizing Florida's Live Local Act incentives (subject to approvals)
• Located within a densely populated trade area serving nearly 200,000 residents within three miles.
• One Property. Two Parcels. Unlimited Potential
• Corner Commercial Assemblage with Exceptional Redevelopment Upside
• Prime Miami Development Opportunity in a High-Traffic Corridor
• Location. Visibility. Flexibility. Opportunity
Endless Possibilities
• Medical Office Campus
• Urgent Care or Specialty Medical Facility
• Retail Plaza
• Professional Office Complex
• Church or Religious Facility
• Childcare / Educational Center
• Fitness Studio
• Banquet & Event Venue
• Mixed-Use Residential / Commercial Development
• Investment Hold with Future Redevelopment Potential
Location Matters
This property sits in the heart of the Golden Glades/North Dade market with immediate access to South Florida's major transportation network, placing millions of consumers within easy reach.
Whether you're an investor seeking value-add potential, a developer pursuing your next mixed-use project, or a business looking for a flagship location, this unique assemblage offers the location, flexibility, and upside rarely available in today's South Florida market.
Positioned on a highly visible corner with approximately 153 feet of frontage along NE 183rd Street, this rare two-parcel assemblage offers investors, developers, and owner-users the flexibility to capitalize on one of Miami-Dade's busiest commercial corridors. The offering includes an existing 4,905-square-foot commercial building plus an adjacent parcel that significantly enhances parking, expansion, or future redevelopment potential.
• Rare two-parcel assemblage
• Major corner location with exceptional visibility
• Minutes from I-95, Florida's Turnpike, SR-826, and the Golden Glades Interchange
• Existing income-producing commercial structure
• Additional parcel provides valuable parking or redevelopment flexibility
• BU-1A zoning supports a broad range of commercial uses
• Potential mixed-use redevelopment opportunity utilizing Florida's Live Local Act incentives (subject to approvals)
• Located within a densely populated trade area serving nearly 200,000 residents within three miles.
• One Property. Two Parcels. Unlimited Potential
• Corner Commercial Assemblage with Exceptional Redevelopment Upside
• Prime Miami Development Opportunity in a High-Traffic Corridor
• Location. Visibility. Flexibility. Opportunity
Endless Possibilities
• Medical Office Campus
• Urgent Care or Specialty Medical Facility
• Retail Plaza
• Professional Office Complex
• Church or Religious Facility
• Childcare / Educational Center
• Fitness Studio
• Banquet & Event Venue
• Mixed-Use Residential / Commercial Development
• Investment Hold with Future Redevelopment Potential
Location Matters
This property sits in the heart of the Golden Glades/North Dade market with immediate access to South Florida's major transportation network, placing millions of consumers within easy reach.
Whether you're an investor seeking value-add potential, a developer pursuing your next mixed-use project, or a business looking for a flagship location, this unique assemblage offers the location, flexibility, and upside rarely available in today's South Florida market.
Property Facts
Sale Type
Owner User
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Building Size
4,905 SF
Building Class
C
Year Built
1972
Price
$5,580,400 CAD
Price Per SF
$1,137.70 CAD
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.19
Lot Size
0.59 AC
Zoning
BU-1A, Miami - BU-1A and RU 2 zoning creating flexibility for many uses
Parking
12 Spaces (3.05 Spaces per 1,000 SF Leased)
Frontage
Moderately walkable
60/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 30-2101-022-0100 | Improvements Assessment | $530,972 CAD |
| Land Assessment | $425,796 CAD | Total Assessment | $956,768 CAD |
Property Taxes
Parcel Number
30-2101-022-0100
Land Assessment
$425,796 CAD
Improvements Assessment
$530,972 CAD
Total Assessment
$956,768 CAD
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161 NE 183rd St
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