1920 NE 123rd St, North Miami, FL for sale

Investment Overview

1920 NE 123rd St is a freestanding drive-thru building on its own lot, on the south side of the street just east of Biscayne Boulevard in North Miami. Cars pass through the building under a winged canopy, and the lot has its own curb cuts and stacking lane. It sits on the main approach to the Broad Causeway, with canal-front townhomes and boat docks directly across the street. The property is delivered vacant at closing.

Investment Highlights

• Delivered vacant at closing.
• Freestanding drive-thru building with existing pass-through canopy, dedicated stacking lane, and curb cuts on NE 123rd Street.
• Potential uses include coffee, ice cream, quick-service restaurants, convenience stores, and general retail.
• Drive-thru permitted as an accessory use under North Miami Code Sec. 5-104 (subject to verification).
• Approximately 27,000 vehicles per day on NE 123rd Street.
• Located approximately 0.3 miles east of Biscayne Boulevard on the approach to Broad Causeway, connecting to Bay Harbor Islands and Bal Harbour.
• Lot dimensions: 70 feet of frontage on NE 123rd Street by 110 feet deep.
• Rear access via a 20-foot public alley.
• Located within the North Miami Community Redevelopment Agency (CRA) district.
• Across from waterfront residences in the Sans Souci / Keystone Point area.