1367 NE 162 Street, North Miami Beach, FL 33162

Property Description

Rarely available 5,700 SF commercial lot located on high-traffic NE 162nd Street, one of North Miami Beach’s most active business corridors. Zoned 4800 / Planned Residential Office (PRO) with land use: parking lot / mobile home park (2865) — offering excellent flexibility for redevelopment, mixed-use concepts, or continued use as income-producing parking. For additional info about use, please see attachments. Level 1 Feasibility study under attachments calls for a preliminary conclusion of a density calculation supporting a five unit multifamily study concept with eight parking spaces. A lot-widht waiver or variance would be requested during the site plan review to accomodate the existing 50 ft width in place of the 75 ft Flex minimum. The final building and parking arrangement will be estrablished through architectural design. Surrounded by thriving businesses, retail centers, and multi-family developments, this site enjoys strong visibility, steady traffic counts, and proximity to major arteries such as NE 163rd St, Biscayne Blvd, and I-95. Ideal for investors, owner-users, or developers seeking a compact and strategically located property with tremendous potential.