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1620 NE 148th St - Oak Plaza - Value Add Shopping Center - For Sale

$3,600,000

1620 Northeast 148th Street, North Miami Beach, FL 33181

Active
Last Updated: 05/02/2026

15,604 sqft

Building Size

36,168 sqft

Lot Area

Details:
Building Size:    15,604 sqft
Lot Area:    36,168 sqft
Occupancy:    73%
Zoning:    BU-1
Highlights:
  • 15 Micro-Retail Units
  • 73% occupancy
  • Value-Add Opportunity with Significant Upside Potential
  • BU-1 Zoning allows for a maximum development height of up to 45ft and 4 stories.
Description:

15 Unit Strip Center
A unique investment opportunity along W Dixie Highway: a 15-unit micro retail shopping center offering substantial value add potential. The current tenancy consists primarily of vacant units or month-to-month occupants, providing exceptional flexibility for repositioning the asset. Investors may pursue full owner-user occupancy, a hybrid owner/tenant structure, or a comprehensive re-leasing strategy at prevailing market rents.

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BROKER REGISTRATION REQUIRED. Cooperating brokers must register their client in writing with Chariff Realty Group prior to the first tour, inquiry, or submission of an offer. A signed exclusive representation agreement and written acknowledgment by Chariff are required before any commission claim will be considered. No retroactive registrations accepted. By engaging with the property or requesting information, you acknowledge and agree to Chariff's full terms at chariff.com/privacypolicy/, including the Broker Representation & Commission Eligibility provisions.

Map:
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Location
Gallery