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295 Nw 157th St - Biscayne Gardens Development Site
0.92 Acres of Residential Land in Miami, FL 33169
Investment Highlights
- Strategic Northeast Dade location
- Close to educational and medical institutions
- Potential to assemble the north lot on 290 NW 159th Street and 308 NW 159th Street
- Proximity to major transportation
- Opportunity for rezoning to increase density
Executive Summary
Data Room Click Here to Access
Property Facts
Sale Type | Investment | Property Subtype | Residential |
No. Lots | 1 | Total Lot Size | 0.92 AC |
Property Type | Land |
Sale Type | Investment |
No. Lots | 1 |
Property Type | Land |
Property Subtype | Residential |
Total Lot Size | 0.92 AC |
1 Lot Available
Lot
Lot Size | 0.92 AC |
Lot Size | 0.92 AC |
Description
Colliers is pleased to present an exclusive development opportunity in the vibrant heart of North Miami, FL. This unique 40,217 SF site, located in the dynamic Northeast Dade submarket, offers unmatched access to major thoroughfares such as I-95, Florida’s Turnpike, SR 826, and SR 441, as well as key transportation hubs including the Tri-rail and Park & Ride Lots. Its strategic location near prominent institutions like Jackson Medical Hospital, North Shore Hospitals, Barry University, Miami-Dade College, Florida International University North Campus, and a quick 9-minute drive from Aventura, positions it as an epicenter for growth and innovation. Surrounded by recent and upcoming high-density developments, including the Caroline at Golden Glades project, the site is poised within a rapidly expanding community. The possibility of rezoning from EU-S (Estate Use Suburban District) to RU-4 (High-Density Apartment House District) presents a chance to significantly enhance the property’s density to 50 units per acre, a move previously achieved with success in the vicinity. Positioned to address the urgent need for workforce housing, this project aims to tackle the region’s acute affordable housing shortage, setting the stage for sustained success in a dynamically evolving market.
zoning
Zoning Code | EU-S (- Single-Family Estate Use Suburban) |
EU-S (- Single-Family Estate Use Suburban) |
Presented by
295 Nw 157th St - Biscayne Gardens Development Site
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