1920 NE 123rd Street, North Miami FL

$1,200,000 · $1,460 per sq ft · Retail for sale

  • Property type: Retail
  • Asking price: $1,200,000
  • Price per sq ft: $1,460
  • Building size: 822 sq ft
  • Lot size: 7,841 sq ft
  • Zoning: 3700
  • Year built: 1971
  • Stories: 1
  • Parking spaces: 3
  • Parcel ID: 0622280110150
  • MLS#: B26091214
Drive-Thru at 1920 NE 123rd Street, North MiamiDrive-Thru at 1920 NE 123rd Street, North MiamiDrive-Thru at 1920 NE 123rd Street, North MiamiDrive-Thru at 1920 NE 123rd Street, North MiamiDrive-Thru at 1920 NE 123rd Street, North MiamiDrive-Thru at 1920 NE 123rd Street, North MiamiAerial at 1920 NE 123rd Street, North MiamiAerial at 1920 NE 123rd Street, North Miami

About this property

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. Building is set up for food prep - has a grease trap, floor drain, three-compartment sink, and hand sink. 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. Drive-thru the pass-through canopy, stacking lane and curb cuts are in place for coffee, ice cream, quick-service food or an owner-user. Set up for food prep: has a grease trap, floor drain, three-compartment sink, hand sink. Zoning: C-2BE. The North Miami code permits restaurants, coffee, convenience and general retail, with a drive-thru allowed as an accessory use under Sec. 5-104. Redevelopment area: inside the North Miami Community Redevelopment Agency district.

Building Features and Utilities

Operating Statement

Property taxes$8,117/yr

Income and expenses as the seller entered them in the MLS, not verified. A buyer's lender underwrites from the actual statements and the property tax and insurance a new owner will pay.

About the Business at 1920 NE 123rd Street

  • Included: Building

Presented by

BreakThru Realty · (786) 914-1017

Courtesy of

Native Realty Co. · JS@NativeRealty.com · Listing agent: Jeremiah Adler

BeachesMLS logo All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by BeachesMLS. Listings held by brokerage firms other than BreakThru Realty carry the name of the listing broker.

Request a tour or more information

Call or text BreakThru Realty at (786) 914-1017 or email sales@breakthrurealty.com to tour 1920 NE 123rd Street or to ask for what the listing leaves out: the rent roll, the leases and the operating statements.

Before You Make an Offer

Buying a retail building or shopping center

Selling a Retail Building or Shopping Center?

Retail investors ask about the tenant mix, the lease terms, the CAM recoveries, the parking and the traffic counts before they ask about price. If you own a retail building, strip center or shopping center, a broker can compare it with the requirements of investors working with BreakThru Realty and show you how the leases set its value.

Before you list, a broker reviews what you own, the market around it and whether an existing buyer's requirements match. If none does, you see how we would position it to reach other qualified buyers.

Find Out If We Have Your Buyer · Discuss Selling With BreakThru Realty

A potential match is a conversation, not an offer, until the buyer sees your property and makes one. No buyer is named and nothing about your property or business is shared until you decide to proceed.

Questions About 1920 NE 123rd Street

How much is 1920 NE 123rd Street?
1920 NE 123rd Street is listed at $1,200,000, about $1,460 per square foot of building. Ask for the rent roll, the existing leases and the operating statements: for an income property those, more than the asking price, show what the building is worth.
What is 1920 NE 123rd Street zoned?
The listing reports zoning of 3700. Permitted uses, parking and signage are set by the city or county zoning code, so confirm your intended use with the local zoning office before you close.
How big is 1920 NE 123rd Street?
The listing reports 822 square feet of building.
When was 1920 NE 123rd Street built?
1920 NE 123rd Street was built in 1971. For an older commercial building, ask about the roof, the HVAC and electrical systems, fire and life-safety compliance and whether a county building safety recertification is due.
What are the property taxes on 1920 NE 123rd Street?
The listing reports annual property taxes of $8,117 for 2025. Florida reassesses a non-homestead property after it sells, so budget for the new owner's bill rather than the current one.
How do I tour 1920 NE 123rd Street?
Request a tour from this page or call BreakThru Realty. A licensed agent will arrange access with the listing broker and ask for what the listing leaves out, such as the rent roll, the leases and the operating statements.

To request a tour, call (786) 914-1017 or email sales@breakthrurealty.com.

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