Olympic Building

951 Northeast 167th Street, North Miami Beach, FL 33162

  • For Sale $7,985,000
  • Property Type Office - General Office
  • Property Size 25,343 SF
  • Additional Rent Contact for pricing
  • Building Class B
  • Year Built 1972
  • Year Renovated 1990
  • Date Updated Oct 28, 2024
Blanca Commercial Real Estate, Inc. in collaboration with MSP Group, are proud to be appointed as the exclusive agents for the sale of the Olympic Building located at 951 NE 167th Street, North Miami Beach, Florida. This three-story, +/- 38,248 SF office building offers an ideal opportunity to establish a headquarters in South Florida with underlying potential for redevelopment. The Olympic Building stands as a unique canvas, ripe for transformation in an unbeatable location. Current month-to-month leases provide flexibility for immediate occupancy and income generation, preserving its ability to be repurposed into a modernized asset. With the potential for redevelopment, this site is poised to benefit from the incentives offered by the Live Local Act and North Miami Beach's Community Redevelopment Agency (CRA). The submarket’s appeal is underscored by an influx of capital, with nearly half a billion dollars recently invested across roughly a dozen projects. This wave of development aims to transform the area, sparking a surge of growth and revitalization. In the heart of this flourishing city lies the Olympic Building, benefiting from its proximity to the Golden Glades Interchange. The property’s seamless access to South Florida’s major thoroughfares is complemented by a wealth of amenities along the route. Just moments away from Jackson North Medical Center, numerous residential properties, and major retail destinations, the subject property offers unparalleled convenience and connectivity. Whether stationed as a corporate headquarters or converted into a mixed-use development, the Olympic Building’s possibilities are endless, fostering long-term growth and success for opportunistic investors or developers.Blanca Commercial Real Estate, Inc. in collaboration with MSP Group, are proud to be appointed as the exclusive agents for the sale of the Olympic Building located at 951 NE 167th Street, North Miami Beach, Florida. This three-story, +/- 38,248 SF office building offers an ideal opportunity to establish a headquarters in South Florida with underlying potential for redevelopment. The Olympic Building stands as a unique canvas, ripe for transformation in an unbeatable location. Current month-to-month leases provide flexibility for immediate occupancy and income generation, preserving its ability to be repurposed into a modernized asset. With the potential for redevelopment, this site is poised to benefit from the incentives offered by the Live Local Act and North Miami Beach's Community Redevelopment Agency (CRA). The submarket’s appeal is underscored by an influx of capital, with nearly half a billion dollars recently invested across roughly a dozen projects. This wave of development aims to transform the area, sparking a surge of growth and revitalization. In the heart of this flourishing city lies the Olympic Building, benefiting from its proximity to the Golden Glades Interchange. The property’s seamless access to South Florida’s major thoroughfares is complemented by a wealth of amenities along the route. Just moments away from Jackson North Medical Center, numerous residential properties, and major retail destinations, the subject property offers unparalleled convenience and connectivity. Whether stationed as a corporate headquarters or converted into a mixed-use development, the Olympic Building’s possibilities are endless, fostering long-term growth and success for opportunistic investors or developers.

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Attachments

Contacts

broker

Deme Mekras

MSP Group

Location

Getting Around

  • Walk Score ®

    85/100 Very Walkable
  • Transit Score ®

    49/100 Some Transit
  • Bike Score ®

    52/100 Bikeable
Powered by Walk Score ®
  • City North Miami Beach, FL
  • Neighborhood Pan Uleta - Windward
  • Zip Code 33162
  • Market Miami

Points of Interest

  • Aventura

    2.94 miles

  • Opa-Locka

    4.90 miles

  • Sheridan Street

    7.15 miles

  • Miami

    7.29 miles

  • Hialeah Market

    9.47 miles

  • Murphy USA

    0.16 miles

  • Marathon

    0.20 miles

  • Chevron

    0.41 miles

  • North Miami Beach Gas Station

    1.08 miles

  • U-GAS

    1.16 miles

  • Valero

    1.23 miles

  • 7-Eleven

    1.29 miles

  • Shell

    1.38 miles

  • Speedway

    1.40 miles

  • Blink

    2.97 miles

  • AC2 Loading Area Parking Lot

    2.88 miles

  • Bayview Parking Lot

    2.95 miles

  • AQRC Parking Lot

    3.02 miles

  • Pembroke Park Church of Christ Parking Lot

    3.27 miles

  • Lot 15

    3.54 miles

  • Haulover Marine Center Parking

    3.65 miles

  • Lot 14

    3.71 miles

  • Municipal Parking - 175 Terrace Lot

    3.72 miles

  • Pier Park Lot

    3.73 miles

  • Lot #1

    3.78 miles

  • Rodeway Inn Miami I-95

    1.35 miles

  • Miami Gardens Inn & Suites

    2.44 miles

  • Courtyard Miami Aventura Mall

    2.85 miles

  • Motel Seven

    2.85 miles

  • Jorgito

    2.88 miles

  • Hilton

    2.89 miles

  • Best Western Plus Windsor Inn

    2.98 miles

  • Leeward Motel

    3.24 miles

  • Residence Inn Miami Aventura Mall

    3.33 miles

  • Turnberry Isle Miami

    3.45 miles

  • Dunkin'

    0.10 miles

  • Chipotle

    0.10 miles

  • Chick-fil-A

    0.12 miles

  • Smoothie King

    0.19 miles

  • Popeyes

    0.21 miles

  • IHOP

    0.32 miles

  • Taco Bell

    0.45 miles

  • Panda Express

    0.62 miles

  • Subway

    0.66 miles

  • Arby's

    0.74 miles

  • John F. Kennedy Junior High School

    0.21 miles

  • Toras Emes Academy of Miami

    0.23 miles

  • Beth Torah School

    0.28 miles

  • Chandler Academy

    0.31 miles

  • Sabal Palm School

    0.39 miles

  • North Miami Beach Senior High School

    0.40 miles

  • Pan American Institute

    0.70 miles

  • Uleta Park Community School

    0.71 miles

  • Saint John Boscos Kindergarten

    0.72 miles

  • Oak Grove Elementary School

    0.72 miles

  • Azolina Young Family Day Care Center

    0.45 miles

  • Brave Day Care Center

    0.60 miles

  • North Miami Beach Presbyterian Church Day Care Center

    0.70 miles

  • McArthur Day Care Center

    0.94 miles

  • Small Fry Educational Center

    0.95 miles

  • Sonia Garbutt Day Care Center

    1.02 miles

  • Farahs Angels Day Care Center

    1.14 miles

  • Fulford Christian Day Care

    1.23 miles

  • Hazel Crawford Day Care Center

    1.52 miles

  • Donald's Day Care Center

    1.55 miles

Frequently Asked Questions

How much does Olympic Building cost?

The space currently listed for sale at Olympic Building asks for $7,985,000.

What is the total square footage of Olympic Building?

Olympic Building totals 25,343 square feet.

When was this property built?

Olympic Building was built in 1972.

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Contact Listing Broker

broker

Deme Mekras

MSP Group