For Sale
$6,350,000

2799 163Rd StNorth Miami Beach, FL 33160

High-traffic location, strong cash flow potential.

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional investment opportunity presents a thriving gas station and convenience store located at 2799 NE 163rd St, North Miami Beach, FL 33160. Situated on a substantial 22,500 square foot lot at the corner of Sunny Isles Blvd and 163rd St, this property boasts a prime location with high visibility and significant traffic flow. The single-story building, constructed in 1982, currently operates as a service station and convenience store. The convenience store is currently leased on a month-to-month basis, offering flexibility for the new owner. The property's primary land use is designated as a service station, reflecting its established function within the community. The asking price for this turnkey operation is $6,350,000. It's important to note that probate court approval is required to finalize the sale. This presents a unique opportunity for investors seeking a well-established business with significant growth potential in a desirable location. The property's size and location make it an ideal candidate for expansion or redevelopment, subject to local zoning regulations. Serious inquiries only.

Highlights

  • Prime corner location at Sunny Isles Blvd and 163rd St, North Miami Beach, FL.
  • 22,500 square foot lot with high visibility and traffic.
  • Existing gas station and convenience store; single-story building (1982 construction).
  • Convenience store leased month-to-month.
  • $6,350,000 asking price; probate court approval required.
  • Significant growth potential; redevelopment possibilities (subject to zoning).

Property Details for 2799 163Rd St

Property type
Specialty properties, Retail properties
Year Built
1982
Stories
1

Location Insight

City
North Miami Beach
County
Miami-Dade
State
Florida
Latitude
25.9266318
Longitude
-80.1444284
2799 163Rd St, North Miami Beach, Florida

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2799 163Rd St
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