North Miami Fully-Entitled Development Parcel

For Sale

16300 NE 19th Ave Ste D, North Miami Beach, FL 33162

This North Miami Beach property for sale is located at 16300 NE 19th Ave Ste D. The current listed sale price for North Miami Fully-Entitled Development Parcel is $40,000,000. North Miami Fully-Entitled Development Parcel is situated on a lot that is 0.86 acre in size.

Contacts

broker
Steve Madura

Hilco Real Estate

Property Details

  • Property Type VacantLand
  • Property Size 34,927 SF
  • Lot Size 0.86 Acre
  • Year Built 1961
  • Date Updated Jun 25, 2025
The South Florida real estate market, encompassing Palm Beach, Broward, Miami-Dade, Monroe, Martin, and St. Lucie counties, has undergone significant changes due to the COVID-19 pandemic. This overview draws from interviews, reports, and trend analyses concerning construction prices, sales, rent rates, and occupancies. The pandemic induced widespread business closures and a shift to remote work in March2020,freezing manynew transactionsamid marketuncertainty.EXECUTIVE SUMMARY CEO Contract, Inc. ("The Sponsor"), is aiming to secure a $116 million construction loan for the property at 16300 NE 19th Avenue, North Miami. This loan, representing 81.5 % loan-to-cost, 72% loan-to value is for a 37,281-square-foot site designated for luxury multi-family development, totaling 508,674 gross square feet. The project is fully approved and ready to commence construction.
Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Highlights

  • $116,000,000
  • $116,000,987
  • $142,301,066
  • $26,300,080
  • 16300NE 19thAvenue
  • 2Year
  • 341
  • 508,674SF
  • 81.5%
  • ASAP
  • Capital
  • Closing
  • ConstructionLoan
  • Debt
  • Equity
  • EXECUTIVESUMMARY
  • Financial
  • LoanAmount
  • LTC(LastDollar)
  • Multi-Family:Rental

Getting around

  • 93/100

    Walk Score ®

  • 51/100

    Transit Score ®

  • 83/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City North Miami Beach, FL
  • Neighborhood North Miami Beach City Center
  • Zip Code 33162
  • Market Miami

Points of Interest

  • Aventura

    2.41 miles

  • Opa-Locka

    5.94 miles

  • Sheridan Street

    7.30 miles

  • Miami

    7.99 miles

  • Hialeah Market

    9.98 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Steve Madura

Hilco Real Estate

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.