1425 NE 163 ST, North Miami Beach, FL 33162
Parcel: 3022170410010 · Store · Retail Outlet · Zoning: 6400
Assessed Value (2025)
$26,900,000
Property Details
Living Sqft
232,588
Year Built
2005
Lot Sqft
935,451
Stories
1
STORE : RETAIL OUTLET
Sales History
1
$13,036,300
2003-09-01
Tax Assessment History
$26,900,000
Assessed (2025)
$26,900,000
Market Value
$26,900,000
Taxable Value
$547,662
Annual Tax
2024
$26,900,000
2025
$26,900,000
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2025 | $26,900,000 | $26,900,000 | $26,900,000 | $547,662 | $11,225,412 | $15,674,588 |
| 2024 | $26,900,000 | $26,900,000 | $26,900,000 | $547,662 | $11,225,412 | $15,674,588 |
About 1425 NE 163 ST, North Miami Beach, FL 33162
1425 NE 163 ST, North Miami Beach, FL 33162 is a store : retail outlet built in 2005 with 232,588 square feet of living space on a 935,451 square foot lot. The property is currently owned by WALMART STORES EAST LP WALMART PROP TAX DEPT, recorded as of 2026-04-19. The mailing address differs from the property address, suggesting this may be an investment property or rental.
The most recent sale was on 2003-09-01 for $13,036,300. The 2025 assessed value is $26,900,000 with a market value of $26,900,000. This breaks down to $11,225,412 for the land and $15,674,588 for the building.
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 1 open code violation on record with miami_dade code enforcement.
Open violations can affect property value and may need to be resolved before a sale can close. 1425 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 current assessed value represents 206% 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 3 active building permits on this property with a combined estimated cost of $424,000, indicating ongoing construction or renovation work.
Based on the most recent sale, this property traded at $56 per square foot — a key metric for comparing value across North Miami Beach's real estate market..
Building Permits (48)
| Permit # | Type | Description | Status | Date | Cost |
|---|---|---|---|---|---|
| C2025067444 | building | A | — | ||
| C2025098195 | building | A | $270,000 | ||
| C2025101520 | electrical | F | $40 | ||
| C2025092263 | building | F | — | ||
| W2025067605 | mechanical | A | $154,000 | ||
| C2025034182 | mechanical | expired | $1 | ||
| W2025026963 | electrical | F | — | ||
| C2025026865 | electrical | F | — | ||
| C2025008702 | electrical | F | — | ||
| C2024169448 | electrical | F | $10,000 | ||
| C2024146675 | fire | F | — | ||
| C2024156016 | mechanical | F | — | ||
| C2024162703 | mechanical | F | — | ||
| C2024133025 | fire | F | — | ||
| C2024137946 | electrical | F | — |
Showing 15 of 48 permits
Code Violations 1 open
A2026000384 open
2025-11-11
Distress Signals
- 1 open code violation
Current Owner
WALMART STORES EAST LP WALMART PROP TAX DEPT
PO BOX 8050 MS-0555, BENTONVILLE, AR, 72716-0550
Since: 2026-04-19
View owner profile →
People Behind This Entity
Est. Annual Insurance
$161,800 — $269,800
Flood $400 — $800
Property/Wind $161,400 — $269,000
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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