Development Site/Commercial

MSP Group is proud to be the exclusive listing agent for the office building located at 901 NE 167th Street in North Miami Beach, FL. The property has direct access to NE 167th Street and is near N Miami Beach Boulevard (AADT=57,000), which houses countless retail, dining, and schooling options in addition to serving as an avenue to I-95 (AADT=171,500) to the West and the affluent Sunny Isles/North Miami Beach to the East. The offering consists of a 4,420 SF building resting on a 21,450 SF (0.49-acre) lot. The lot is zoned MU/IB-W: Mixed Use International Boulevard, with redevelopment possibilities of up to 80 dwelling units per acre, or 39 residential units. It is also located in the City of North Miami Beach’s CRA which provides the following benefits to developers: business assistance micro-grant, façade & business site improvement program, wastewater connection assistance grant, strategic improvement program(SIP) and real estate development accelerator(REDA). Directly across North Miami Beach Boulevard is Jefferson Plaza, a shopping center that contains a Wells Fargo, AT&T, Dunkin’ Donuts, Publix, Lowe’s, Chipotle, Five Below, Smoothie King, Marshall’s, and Chick-Fil-A. In addition, North Miami Beach Boulevard also offers options such as Walgrens, ALDI, Wawa, CVS Pharmacy, Popeyes, and Domino’s Pizza. Additional retail options such as Home Depot, Walmart, Ross Dress for Less, and Metro by T-Mobile are located 0.4 miles East of the property within a shopping mall located on NE 167th Street and NE 12th Avenue. Located to the West via NE 167th Street, Jackson North Medical Center, is just a 1.5-mile drive from the property. Just a little further West sits the Golden Glades exchange, which grants access to I-95, a major North/South Highway and State Road 826, one of South Florida’s busiest highways, that runs East/West and North South in western Miami Dade County. School options in the area include John F. Kennedy Middle School (0.3-mile drive) and North Miami Beach High School (0.4-mile drive), both located West of the property on 167th Street. The myriad of uses allowed on this site makes it an exciting opportunity for owner-users, developers and value-add investors.