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395 NW 177th St
Miami, FL 33169 Miami Gardens

$8,900,000 USD

Land For Sale  •  3.48 AC

Property Details

  • Property Type Land
  • Lot Size 3.48 AC
  • Zoning PCD
52 Transit Score
66 Walk Score

Description

The property is situated in the Golden Glades sub-area, a well-connected neighborhood with proximity to major transportation routes, retail centers, and entertainment venues such as the Walmart Supercenter and Top Golf. The area is predominantly residential, with a mix of single-family homes and multi-family developments.
Given the site’s strategic location and zoning flexibility, it presents a compelling opportunity for future multi-family development. While current market conditions such as elevated construction costs, interest rates, and insurance premiums, may delay immediate development, the long-term fundamentals remain strong. The highest and best use of the property, in the near term, is to hold or land bank the asset until market conditions are more favorable for vertical construction.

Highlights

3.49-acre vacant parcel zoned PCD, allowing for high-density, mixed-use development.
Under hypothetical full entitlement, the site supports up to 523 residential units, with a maximum building height of 20 stories.
Situated in the Golden Glades sub-area
Located across from a Walmart Supercenter and near Top Golf, with additional retail, dining, and entertainment options nearby.
Miami Gardens is a densely populated, built-out community with limited new residential supply and growing demand for rental housing.
Previously improved with a 75-unit condo complex, now fully demolished and cleared, with utilities and infrastructure in place

Public Transportation

Commuter RailDriveWalkDistance
Golden Glades (Tri-County Commuter - South Florida Regional Transportation Authority (Tri-Rail)) 3 min - 1.7 mi
Opa-Locka (Tri-County Commuter - South Florida Regional Transportation Authority (Tri-Rail)) 9 min - 4.6 mi
AirportDriveWalkDistance
Fort Lauderdale/Hollywood International 21 min - 12.5 mi
Miami International 30 min - 19.1 mi
Arthur Porosoff 305-209-8866 Compass Florida LLC
Arthur Porosoff 305-209-8866 Compass Florida LLC