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1813 Northeast 163rd Street

Dr. Valerity Andreyen Acquires Retail Property In North Miami Beach For $2.8M With Steven Landau As Buyer's Rep
SOLDRetail

Dr. Valerity Andreyen Acquires Retail Property In North Miami Beach For $2.8M With Steven Landau As Buyer's Rep

1813 Northeast 163rd Street

$2,800,000

$631/SF

Building Size

4,434 SF

Asset Type

Retail

Closing

Jul 31, 2026

AI

The property asset involved in the transaction is a freestanding commercial building located at 1813 Northeast 163rd Street in North Miami Beach, Florida. The property was sold for $2,800,000, encompassing a total of 4,434 square feet. This transaction achieved a price per square foot of $631 and is noted as one of the highest price-per-square-foot sales in the North Miami Beach submarket for similar properties.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $2,800,000
  • Buyer: Dr. Valerity Andreyen
  • Seller: Hurwit Investments, Ltd., managed by Buddy Hurwit, President of Hurwit Enterprises, Inc.
  • Seller's Representative: Joshua Rosa & Martin Bravo - APEX Capital Realty
  • Buyer's Representative: Steven Landau
  • Square Footage: 4,434
  • Price Per Square Foot: $631
  • Location: 1813 Northeast 163rd Street, North Miami Beach
  • Market: North Miami Beach

This transaction highlights the involvement of key individuals and firms, with Joshua Rosa and Martin Bravo representing the seller, while Steven Landau acted on behalf of the buyer, Dr. Valerity Andreyen. The transaction facilitated Dr. Andreyen's relocation of Eco Deco Pet Hospital to a prominent corner site featuring noteworthy characteristics such as approximately 30 parking spaces and B-2 zoning that supports potential mixed-use redevelopment.

Players

Martin Bravo

APEX Capital Realty

Broker

$34.6M

vol

11 deals

Broker

Dr. Valerity Andreyen

Eco Deco Pet Hospital

Buyer

$2.8M

vol

1 deal

Buyer

North Miami Beach Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.67%

Cash-on-Cash

-1.62%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93