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29259655
29259656

290 NW 165th St, Miami, FL 33169

AZ
FL FL BK3015211
Marcus & Millichap - The Zylberglait Group
Listed by Marcus & Millichap - The Zylberglait Group
Unpriced
144 days on market
Updated 95 days ago
Under Contract

Citi Centre

Details
APN 30-2113-000-0120
Property Type Office
Sub Type Medical Office, Traditional Office
Square Footage 46,324
Net Rentable (SqFt) 46,324
Occupancy 60%
Tenancy Multi
Lease Type Modified
Rent Bumps Yes
Broker Co-Op Yes
Class B
Year Built 1986
Year Renovated 2022
Buildings 1
Stories 4
Acreage 1.540
Zoning RU-5A-Semi-professional Office District
Parking Spaces 2.96 per 1,000 sq ft
Investment Type Value Add
Ownership Fee Simple

Miami Fl. MSA

Marketing description

Marcus & Millichap is proud to present Citi Centre, a 46,324-square-foot office building offered at $10,500,000 ($226.66 per SF), representing a compelling basis well below replacement cost. Located in North Miami Beach, Citi Centre sits on a 1.54-acre parcel and offers investors the opportunity to acquire a stabilized, income-producing asset with long-term leases and value-add potential through lease-up and rent growth.

Originally built in 1986 and renovated 2022, the property is strategically located adjacent to Jackson North Medical Center and the Golden Glades Interchange, providing immediate access to Interstate 95, Florida’s Turnpike, and State Road 826—a key advantage for tenants operating across Miami-Dade and Broward counties.

Citi Centre benefits from its central position along the 167th Street Corridor, a high-growth commercial area experiencing revitalization led by national tenants such as Home Depot and Walmart. This corridor’s ongoing transformation has elevated market fundamentals and attracted capital investment from both institutional and private stakeholders.

The property features 26 suites, ample surface parking (2.96/1,000 SF), 24-hour security access, and proximity to both Miami International Airport and Fort Lauderdale-Hollywood International Airport, enhancing its appeal to a wide range of business and medical office users.

Investment highlights

  • Prime North Miami Beach medical corridor

  • Adjacent to Jackson North Medical Center

  • Immediate access I-95, Turnpike, SR-826

  • Renovated 2022, no deferred maintenance

  • Visibility from 200,000+ vehicles daily

  • Proximity to Miami and Fort Lauderdale airports

  • Central access Miami-Dade and Broward counties

  • Attractive value-add through occupancy and rent growth

Listing Contacts

AZ
FL FL BK3015211
Marcus & Millichap - The Zylberglait Group
Listed by Marcus & Millichap - The Zylberglait Group

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Additional Information

Name
Alex Zylberglait
License
FL BK3015211
Brokerage
Marcus & Millichap Miami
Title
Broker Associate
Brokerage Address
2916 North Miami Avenue
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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