Albert Wilk broker of Wilk RealEstate Ltd. New-York and Florida licences
Since 1987
Albert Wilk, Licensed Real Estate Broker in New York & Florida

16460 16th Ave, North Miami Beach, FL 33162

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 40-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.
16460 16th Ave

16460 16th Ave, North Miami Beach, FL 33162

$1,350,000
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Virtual Tour: view
Year Built: 1969
Est. Taxes $ Yr.: $10,684
Zoning: 6400
Neighborhood: North Miami Beach
Zip: 33162
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Please Call: 718-376-0606
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Listing courtesy of One Sotheby's International Realty | MLS: A10655656
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