Amazing Opportunity in High Traffic Corridor
Amazing Opportunity in High Traffic Corridor
Marketing description
The offering includes two congruous parcels located at 161 NE 183rd St, Miami, FL 33179 offering a prime location in the North Miami area with significant frontage. Parcel 1 is situated on the corner of NE 1st Court and NE 183rd St Miami currently operates as a banquet hall/entertainment venue, while Parcel 2 is currently used for parking of trucks and cars. Parcel 1 is zoned BU - 1A and Parcel 2 is zoned RU2.
Ideal for the following uses:
Neighborhood Retail & Service Center- Converting the existing structure into a multi-tenant strip for essential services—such as a modern urgent care, dental clinic, fitness boutique, high-end daycare, church or office.The additional lot resolves typical parking constraints for high-intensity retail or medical uses.
Medical or Professional Office Hub- The property’s 153-foot frontage on a major east-west artery makes it an ideal standalone facility for a medical group or professional firm (legal, accounting, or real estate). BU-1A zoning allows for professional services "by right," minimizing regulatory "red tape".
Mixed-Use Redevelopment The assemblage allows for a ground-floor commercial presence along NE 183rd St with residential density on the RU-2 portion. Under the Live Local Act, the project could potentially secure density bonuses and expedited permitting for workforce housing, allowing for greater height than the standard BU-1A limit.
The full assemblage offers unique flexibility. The site is best suited as a neighborhood-serving commercial asset or a mixed-use redevelopment play that leverages the additional land for parking or residential density.
Investment highlights
2 parcels totaling .59 acres with a 4883 sq ft building which under BU-1A zoning offers many uses among them retail and service, hospitality/entertainment with plenty of parking. The second parcel avails itself of RU2 zoning allowing for development of a duplex. One might consider seeking to rezone the second parcel to allow for more uses.
Ideal for the following uses:
- Neighborhood Retail & Service Center
- Medical or Professional Office Hub
- Mixed-Use Redevelopment
Listing Contacts
Valuation Calculator
Valuation Metrics
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Is there information that looks off?











