For Sale
$10,000,000

1970 153Rd StNorth Miami Beach, FL 33162

Prime North Miami Beach warehouse, 28,500 sq ft, 100% occupied.

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional Class A industrial warehouse, located at 1970 NE 153rd St, North Miami Beach, FL 33162, presents a compelling investment opportunity. The fee-simple property encompasses 28,500 square feet on a 60,000 square foot lot, offering significant potential for growth and return. Currently boasting 100% occupancy with 21 tenants, the property generates substantial income. The building, constructed in 1940 and situated on APN 07-2216-008-0089, features a two-story structure with 24 loading docks and 20 dock-high doors, facilitating efficient logistics. The layout is highly functional, comprising a main 13,000 sq ft area, ten 700 sq ft units, and ten 850 sq ft units, providing flexibility for diverse tenants. Zoned 7100 INDUSTRIAL - LIGHT MFG, this property benefits from its strategic location in North Miami Beach, providing easy access to major transportation routes and essential services. The asking price is $10,000,000, translating to $350.88 per square foot. This represents a rare chance to acquire a high-performing, multi-tenant warehouse in a thriving market. The property's size, location, and current occupancy make it an attractive investment for discerning buyers seeking strong cash flow and long-term appreciation.

Highlights

  • Class A industrial warehouse, 28,500 SF on a 60,000 SF lot, located at 1970 NE 153rd St, North Miami Beach, FL 33162.
  • Fee-simple ownership with 100% occupancy and 21 tenants, generating substantial income.
  • Two-story building (1940 construction) with 24 loading docks and 20 dock-high doors.
  • Functional layout: 13,000 SF main area, ten 700 SF units, and ten 850 SF units.
  • Zoned 7100 INDUSTRIAL - LIGHT MFG, offering excellent access to transportation.
  • $10,000,000 asking price ($350.88/SF).

Property Details for 1970 153Rd St

Property type
Warehouses, Industrial properties
Square Feet
28,500 SF
Class
A
Year Built
1940
Buildings
1
Stories
2

Location Insight

City
North Miami Beach
County
Miami-Dade
State
Florida
Latitude
25.9159263
Longitude
-80.1604057
1970 153Rd St, North Miami Beach, Florida

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1970 153Rd St
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