530 NE 167th St

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530 NE 167th St

Miami, FL 33162
Asking Price
$6.39M
Asset Type
Office
Class
Class B

What's Special

530 NE 167th St is located in North Miami Beach, situated directly on a high-traffic east-west commercial corridor. The surrounding neighborhood is characterized by a mix of retail centers, medical facilities, and professional services. The property offers immediate access to major transit arteries, located less than one mile from the I-95 interchange and the Golden Glades Interchange, providing connectivity to both Miami and Fort Lauderdale. Nearby amenities include a variety of national dining chains, banking institutions, and local shopping plazas within walking distance. The asset is suited for professional service providers, including legal firms, accounting practices, and corporate administrative offices. Given its proximity to regional healthcare hubs, the location is also a viable option for medical office use or outpatient services. The floor plate and accessibility cater to small-to-mid-sized businesses seeking a central North Dade location with high visibility. The property’s layout supports a variety of configurations, from traditional private office suites to open-concept collaborative workspaces tailored to local professional tenants.

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NOI
$80,000
Cap Rate
1.25%
DSCR
0.21
Underwater
Cash-on-Cash
-15.62%
Monthly Payment
$31,614.233
Annual Cash Flow
$-299,370.802

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