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    16855 NW 37 Ave Miami Gardens, FL 33056

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    16855 NW 37 Ave Miami Gardens, FL 33056


    • Automotive properties
    • 3,190 SF
    • 0.48 lot acres
    Miami Gardens Development Opportunity For Sale
    $4,100,000
    1.30 Acres

    Miami Gardens Development Opportunity

    1.13 acres of land suitable for mixed-use development.

    16855 NW 37th Ave, Miami Gardens, FL 33056
    View Listing
    Property ID
    US18-4110176
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Automotive properties

    Property Details for 16855 NW 37 Ave

    Year built
    1963
    Construction
    CONCRETE
    Lot size
    0.48 lot acres
    Property size
    3,190 SF
    Zone code
    6500:COMMERCIAL,CLASSIF
    Property type
    Automotive properties
    APN
    34-2109-001-0450
    APU
    3421090010450

    Description

    This exceptional Miami Gardens investment opportunity presents a prime 7.2 million dollar multifamily development site at 16855 NW 37th Ave, Miami-Dade County, Florida, 33056. The property, built in 1963, currently operates as an automotive repair and sales business, but holds significant potential for redevelopment. The property is approved for low-income housing, allowing for the construction of up to 84 units. The current zoning is BU13 (Business Use). The sale includes two folios and encompasses a substantial land area, which includes an adjacent lot to the south. The total square footage advertised includes both parcels. This presents an excellent opportunity for owner-developers seeking a high-return project. The property's location may also benefit from its proximity to a Transit Development Corridor, offering further potential for increased value and demand. The property is situated at latitude 25.9273328 and longitude -80.2603678. This is a rare chance to acquire a large parcel in a rapidly growing area with approved plans for significant density. Serious inquiries only.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $1,270,000
      ML approach
      $1,340,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,213,000
      Market price range: $878k - $4.15M

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Miami Gardens
    County
    Miami-dade
    State
    Florida
    Longitude
    -80.2604
    Latitude
    25.9272
    CBSA code
    33100
    CBSA name
    MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $15,254
    $417,320
    $208,694
    $626,014
    -
    $417,320
    $208,694
    $626,014
    View Listing
    More about this property
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