Log In/Sign Up
Your email has been sent.
Kates Professional Building 21 NE 168th St 3,436 SF 100% Leased Office Building North Miami Beach, FL 33162 $1,649,608 CAD ($480.10 CAD/SF) 15.00% Cap Rate
Investment Highlights
- Corner Lot
- World Class Location
Executive Summary
Rare Opportunity to acquire an existing house of worship in the heart of North Miami Beach's rapidly evolving corridor. Located minutes from major thoroughfares including Biscayne Blvd & I-95, near 163rd Street Commercial district, this property offers exceptional potential for adaptive reuse or redevelopment. Ideal for conversion to medical office, professional space, or continued use as church. Surrounded by ongoing redevelopment and supported by strong residential density, this site presents a compelling investment for users and developers alike. This property is located on the Corner of NE 168th & N. Miami Ave surrounded by Redevelopment within the Residential Office District with RO Zoning
Just 2 blocks - 1/3 mile from Jackson North location of the Jackson Memorial Hospital. Over $300m+ state of the art emergency department
Just 2 blocks - 1/3 mile from Jackson North location of the Jackson Memorial Hospital. Over $300m+ state of the art emergency department
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Deferred Maintenance
Property Type
Office
Property Subtype
Medical
Building Size
3,436 SF
Building Class
C
Year Built
1977
Price
$1,649,608 CAD
Price Per SF
$480.10 CAD
Cap Rate
15.00%
NOI
$247,441 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
3,436 SF
Building FAR
0.25
Lot Size
0.31 AC
Zoning
RO - RO- Residential Office District
Parking
12 Spaces (3.85 Spaces per 1,000 SF Leased)
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- TBA
- Health Care and Social Assistance
- -
- -
- Triple Net
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| TBA | Health Care and Social Assistance | - | - | Triple Net | - |
1 1
Moderately walkable
70/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 07-2113-007-0900 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $977,972 CAD |
Property Taxes
Parcel Number
07-2113-007-0900
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$977,972 CAD
1 of 6
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
Kates Professional Building | 21 NE 168th St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.