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    665 NW 151St St Miami, FL 33169

    For Sale
    $6,199,996

    1.93 acres suitable for mixed-use development near transportation.

    Lot size:
    1.43 Acres

    Property Features for 665 NW 151St St

    General Information

    Lot size
    1.43 Acres

    Source: Miami Zyr Realty Inc Agent Guillermo Rosman

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Mixed-Use Development Land Available

    This 1.93-acre property is located within the North Central Urban Area District (NCUAD) and is designated Mc-Center. This designation allows for the construction of buildings up to 12 stories high, with a residential density of up to 90 units per acre. The property has the potential to accommodate an estimated 174 units by right. Furthermore, the density can be increased by an additional 25% by incorporating a workforce component into the development. The property's location near the new Golden Glades Multimodal Transportation facility, existing bus stops, and the Golden Glades Tri-Rail Station makes it eligible for a parking reduction of up to 30%. Higher density may be obtained if developing a TOD project. The site is suitable for a mixed-use development, potentially including a retail component.
    Location Intelligence

    Current Use by Public Records

    BAMPAM HAITI Non-Profit Organization Matthew Corporate Office

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.21113
    Latitude
    25.913368

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    FAQs

    What type of property is this?
    Commercial land - 1.93 acres suitable for mixed-use development near transportation.
    Where is this commercial land located?
    The property is located at 665 NW 151St St Miami, FL.
    What is the asking price?
    The asking price for this property is $6,199,996.
    What are key features of this property?
    This property features: - Designated Mc-Center within the North Central Urban Area District (NCUAD), allowing for **high-density development up to 12 stories**.; - Potential for approximately **174 residential units by right** on 1.93 net acres.; - Eligible for a 25% density increase by including a workforce housing component.
    (786) 317-7442
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    665 NW 151St St Miami, FL 33169
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    Miami, FL 33169
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    665 NW 151St St Miami, FL 33169
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