295 157Th St Miami, FL 33169
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.