1285 NE 163 ST, North Miami Beach, FL 33162

Parcel: 3022170390010 · Store · Retail Outlet · Zoning: 6400

Assessed Value (2025)
$15,500,000

Property Details

Living Sqft
149,228
Year Built
1994
Lot Sqft
518,191
Stories
1
STORE : RETAIL OUTLET

Sales History

1
N/Anon-market transfer
1997-11-01
2
$20,000,000
1998-12-01
3
$5,100,000-75%
2000-06-01

Tax Assessment History

$15,500,000
Assessed (2025)
$15,500,000
Market Value
$15,500,000
Taxable Value
$315,568
Annual Tax
2024
$14,353,245
$16,273,000
2025
$15,500,000
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $15,500,000 $15,500,000 $15,500,000 $315,568
2024 $14,353,245 $16,273,000 $14,353,245 $292,221

About 1285 NE 163 ST, North Miami Beach, FL 33162

1285 NE 163 ST, North Miami Beach, FL 33162 is a store : retail outlet built in 1994 with 149,228 square feet of living space on a 518,191 square foot lot. The property is currently owned by HOME DEPOT USA INC, recorded as of 2026-03-29. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2000-06-01 for $5,100,000. The property sold for $14,900,000 less than the prior sale of $20,000,000 on 1998-12-01. There are 3 recorded sales for this property.

The 2025 assessed value is $15,500,000 with a market value of $15,500,000. This breaks down to $12,954,775 for the land and $2,545,225 for the building. The assessed value increased 8% from $14,353,245 in 2024.

The median household income in this area is $52,740, and the median home value is $139,000. The population density is 12,766 people per square mile. This property currently has 3 open code violations on record with miami_dade code enforcement.

Open violations can affect property value and may need to be resolved before a sale can close. 1285 NE 163 ST, North Miami Beach, FL 33162 is located in North Miami Beach, Florida. Property records, tax assessments, sales history, and ownership information for this North Miami Beach property are sourced from miami_dade County public records.

The complete ownership history of this property spans from 1997 to 2000, with 3 recorded transactions in the public record. The current assessed value represents 304% of the most recent sale price. This high ratio could indicate the property was purchased below market value — a potential sign of a distressed sale or off-market deal.

There are 9 active building permits on this property with a combined estimated cost of $104,895, indicating ongoing construction or renovation work. Based on the most recent sale, this property traded at $34 per square foot — a key metric for comparing value across North Miami Beach's real estate market..

Building Permits (23)

Permit #TypeStatusCost
C2026096115 electrical A $40,590
C2026057491 electrical A $730
C2025084489 electrical A $100
C2026002546 building A $57,400
C2025151534 electrical F
C2025172319 fire A
C2025138672 electrical F
W2025141181 plumbing F
C2025164778 building F
C2024043751 building F $19,000
C2024145628 mechanical A
C2025050322 electrical A
C2025016188 electrical F
C2024159336 building F
C2024069062 mechanical A
Showing 15 of 23 permits

Code Violations 3 open

F2024014219 open
2025-07-11
A2025002948 open
2025-06-11
A2022000098 open
2021-10-11

Distress Signals

  • 3 open code violations

Current Owner

HOME DEPOT USA INC
2455 PACES FERRY RD N W, ATLANTA, GA, 30339-4024
Since: 2026-03-29
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Est. Annual Insurance

$124,400 — $217,800
Flood $400 — $800
Property/Wind $124,000 — $217,000

Estimate based on FEMA flood zone, property value, and year built. Actual premiums vary based on elevation, mitigation features, roof condition, and insurer. Not a quote.

Neighborhood

Median Income$52,740
Median Home Value$139,000
Pop. Density12,766/sq mi

Neighborhood 33162

56.1%
Owner-Occ
43.9%
Investor
1,526
Flips (4yr)
5,328
New Biz (3yr)
Distress Risk
ELEVATED
45
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