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Property profile & analytics
OFF-MARKET
Commercial real estate

295 157Th St Miami, FL 33169

0.92 ac lot
Property ID
US18-1947324
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Lot 0.92 ac (40,075 SF)
APN 30-2113-001-0720
UPID US18-1947324
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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