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16460 Ne 16th Ave, North Miami Beach, FL – $1,350,000

  • $1.4M Price
  • 282 DOM
  • $1.4M Price
  • 282 DOM

16460 Ne 16th Ave

This Corner strip center is off a high traffic street and is comprised of 5 units with great visibility. First time on the market in 25 years. Less than a half a mile from super Walmart and close to the beaches and Aventura. Neighborhood re-gentrifying with 1k new units under construction. Possible upside potential includes adding a second story and an opportunity for rent increases. Across the street from amphitheater and newly built North Miami recreational park that supplies high demand to the shopping center. Units are in good condition. The building passed 30-year inspection. New a/c units in 4 units. Long term tenants are a gourmet specialty food shop (Indian), Latin restaurant, day spa, barber shop, and a nail salon. Owner is the property manager and is retiring.

Essential Information

  • MLS® #A10655656
  • Price$1,350,000
  • Bathrooms0.00
  • Acres0.00
  • Year Built1969
  • TypeCommercial Sale
  • Sub-TypeMixed Use
  • StatusActive

Community Information

  • Address16460 Ne 16th Ave
  • Area22
  • CityNorth Miami Beach
  • CountyMiami-Dade County
  • StateFL
  • Zip Code33162-4052


  • ParkingCommon, Handicap


  • InteriorConcrete, Tile
  • HeatingNone
  • CoolingCentral Air
  • # of Stories1
  • StoriesOne


  • RoofConcrete
  • ConstructionBlock

Additional Information

  • Date ListedApril 12th, 2019
  • Days on Market282

Listing Details

Listing Courtesy of

One Sotheby's International Realty

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The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®, and is updated as of February 26th, 2020 at 12:18pm EST (date/time).

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