308 NW 159th St
Miami, FL 33169
Biscayne Gardens Development Site · Land For Sale · 0.89 AC

Colliers is pleased to present an exclusive development opportunity in the vibrant heart of North Miami, FL. This unique 38,902 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. Offering a prime opportunity to impact the Northeast Dade market, this unique site comes with an existing home that provides an immediate revenue stream, giving developers a strategic edge from the outset. 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.