1421 NE 163 ST, North Miami Beach, FL 33162

Parcel: 3022170410020 · Community Shopping Center · Commercial · Zoning: 6400

Assessed Value (2025)
$17,000,000

Property Details

Living Sqft
309,113
Year Built
1957
COMMUNITY SHOPPING CENTER : COMMERCIAL - TOTAL VALUE

Sales History

1
$20,000,000
1998-12-01
2
$15,000,000-25%
2024-03-07
ERT 163RD STREET MALL LLC163RD STREET MALL 26 LLC
3
$15,000,000
2024-03-12

Tax Assessment History

$17,000,000
Assessed (2025)
$17,000,000
Market Value
$17,000,000
Taxable Value
$346,106
Annual Tax
2024
$17,841,300
2025
$17,000,000
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $17,000,000 $17,000,000 $17,000,000 $346,106
2024 $17,841,300 $17,841,300 $17,841,300 $363,235

About 1421 NE 163 ST, North Miami Beach, FL 33162

1421 NE 163 ST, North Miami Beach, FL 33162 is a community shopping center : commercial - total value built in 1957 with 309,113 square feet of living space. The property is currently owned by 163RD STREET MALL 26 LLC C/O 163RD STREET MALL HOLDINGS 26, 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 2024-03-12 for $15,000,000. There are 3 recorded sales for this property. The 2025 assessed value is $17,000,000 with a market value of $17,000,000.

The assessed value decreased 5% from $17,841,300 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 4 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. 1421 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 1998 to 2024, with 3 recorded transactions in the public record. The current assessed value represents 113% of the most recent sale price.

There are 4 active building permits on this property with a combined estimated cost of $360,000, indicating ongoing construction or renovation work. Based on the most recent sale, this property traded at $49 per square foot — a key metric for comparing value across North Miami Beach's real estate market..

Building Permits (100)

Permit #TypeStatusCost
C2026091863 mechanical A
C2026032257 electrical F
C2026031232 plumbing A
C2026012219 building F $1,500
C2026020603 electrical F
C2026003522 electrical F
C2025152419 electrical F $300
C2025127733 electrical F
C2025026325 building A $160,000
C2025011608 building A $200,000
C2025026278 building expired $40,000
C2024033896 building F
C2023098321 building F
C2019237008 mechanical expired
N2002030285 plumbing expired
Showing 15 of 100 permits

Code Violations 4 open

A2026000344 open
2025-11-11
20240230917 open
2024-06-10
A2021000964 open
2020-12-11
A2021001868 open
2020-12-11

Distress Signals

  • 4 open code violations

Current Owner

163RD STREET MALL 26 LLC C/O 163RD STREET MALL HOLDINGS 26
1205 NE 163 ST MANAGEMENT OFFICE, MIAMI, FL, 33162
Since: 2026-04-19
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Est. Annual Insurance

$204,400 — $374,800
Flood $400 — $800
Property/Wind $204,000 — $374,000

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
View full risk analysis →
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