295 157Th St Miami, FL 33169
- Commercial real estate
- 0.92 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 295 157Th St
- Lot size
- 0.92 lot acres
- Property type
- Commercial real estate
- APN
- 30-2113-001-0720
Description
This exceptional 0.92-acre development site, located at 295 NW 157th St in Miami, Florida (33169), presents a compelling investment opportunity. Currently zoned EU-S (Single-Family Estate Use Suburban), the property offers 40,217 square feet of land and boasts unparalleled access to major transportation arteries including I-95, Florida's Turnpike, SR 826, and SR 441, as well as Tri-rail and Park & Ride facilities. Its strategic location in the Northeast Dade submarket places it near prominent institutions such as Jackson Medical Hospital, North Shore Hospitals, Barry University, Miami-Dade College, and Florida International University North Campus, and just a short drive from Aventura. The site is surrounded by recent and planned high-density developments, indicating a rapidly growing community. The potential for rezoning to RU-4 (High-Density Apartment House District) could significantly increase density to 50 units per acre, mirroring successful rezoning efforts in the immediate area. This presents a unique chance to address the region's need for workforce housing. The property's APN is 30-2113-001-0720. There is also potential to expand the site by assembling adjacent lots at 290 NW 159th Street and 308 NW 159th Street.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Miami
- County
- Miami-Dade
- State
- Florida
- Longitude
- -80.2057471
- Latitude
- 25.9190793
