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SOLD
$1,200,000
Jonathan E Singer
Joshua Rosa

Florida

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Retail2,529 SF
Sold 05/11/2026
the dealplayerscompscontact
Property Image
SOLD

1420 Northeast 163rd Street

1420 Northeast 163rd Street

See Similar Deals
Retail2,529 SF
Sold 05/11/2026
Jonathan E Singer
Joshua Rosa
the dealplayerscompscontact
Contact now

Summary

FLORIDA
Asset Type:Retail
Price Per Square Foot:$474
Total Square Footage:2,529 SF
Transaction Type:Sale

Players

Jonathan E Singer
Strato Partners
Jonathan E Singer
4 deals$27M volume(786) 223-3632
BROKER
Joshua Rosa
APEX Capital Realty
Joshua Rosa
6 deals$7.9M volume(954) 815-5195
BROKER

Details

SOLD
IMAGE: Josh Rosa, Jeff Benoliel, Josh Benoliel, Zachary Freedman & Jonathan Singer DATE: 05/11/2026 ADDRESS: 1420 Northeast 163rd Street MARKET: North Miami Beach ASSET TYPE: Retail BUYER: Josh Benoliel (@JBenols), Jeff Benoliel (@JBenz305) & Zachary Freedman (@Zach.Broker) - Pink Miami Real Estate (@PinkMiamiRE) SELLER: Yitzchok Spalter BUYER'S REP: Jonathan Singer - STRATO PARTNERS (@Strato_Partners) SELLER'S REP: Josh Rosa (@JoshRosa.cre) - APEX Capital Realty (@APEXCapitalRealty) SALE PRICE: $1,200,000 SF: 2,529 ~ PPSF: $474 NOTE FROM BROKERS: APEX Capital Realty and Strato Partners are pleased to announce the successful closing of 1420 NE 163rd St, a well-positioned 2,529 SF stand-alone building located along North Miami Beach’s most active commercial corridor. The property sits on NE 163rd Street, a major east-west connector boasting 55,000 vehicles per day, linking I-95 to Biscayne Boulevard - serving high-demand submarkets including Aventura, Sunny Isles, Surfside, Bal Harbour, and North Miami. Josh Rosa of Apex Capital Realty represented the Seller, ultimately hitting his target sale price after referring his own General Contractor to handle a vanilla shell renovation. Jonathan Singer of Strato Partners represented the buyer, Pink Miami Real Estate. The company recently acquired the subject property for its new headquarters - featuring a strategic location with convenient access for agents throughout South Florida. Designed to serve as the central hub for the company’s growing network, the new office will function as a premier destination for workshops, seminars, events, and industry programming. Through these initiatives, Pink Miami reaffirms its commitment to elevating the South Florida real estate market and the professionals who power it.

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$64,000.01

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$4,263.34
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,688.61
Annual Debt Service$68,263.35