Outstanding opportunity to acquire a 4,450 SF freestanding commercial building on a 0.38-acre corner lot in the heart of North Miami Beach’s transformation zone. Located on NE 163rd St—a key corridor linking I-95 to the beaches—this high-visibility site offers immediate income potential with flexible zoning and ample parking. Zoned MU/TC, the property allows for redevelopment up to 25 stories and 125 units/acre. Surrounded by major mixed-use projects and billions in ongoing investment, this site is ideal for developers and investors seeking long-term upside in a fast-growing urban core.
1813 NE 163rd St, North Miami Beach, FL, 33162
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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