1600 NW 159 ST, Miami Gardens, FL 33169

Parcel: 3421140081480 · Warehouse Terminal Or Stg · Warehouse Or Storage · Zoning: 7100

Assessed Value (2025)
$17,000,000

Property Details

Living Sqft
166,044
Year Built
1972
Lot Sqft
310,246
Stories
1
WAREHOUSE TERMINAL OR STG : WAREHOUSE OR STORAGE

Sales History

1
$11,404,300
2017-01-17
CONTINENTAL EQUITIES INC MDH MIAMI SSIP LLC
2
$86,325,500+657%
2024-11-15
BREIT SE INDUSTRIAL MIAMI SSIP LLC LRF3 MIAMI 159TH STREET LLC
3
$86,325,500
2024-11-25

Tax Assessment History

$17,000,000
Assessed (2025)
$17,000,000
Market Value
$17,000,000
Taxable Value
$346,106
Annual Tax
2024
$14,105,932
$16,000,000
2025
$17,000,000
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $17,000,000 $17,000,000 $17,000,000 $346,106
2024 $14,105,932 $16,000,000 $14,105,932 $287,185

About 1600 NW 159 ST, Miami Gardens, FL 33169

1600 NW 159 ST, Miami Gardens, FL 33169 is a warehouse terminal or stg : warehouse or storage built in 1972 with 166,044 square feet of living space on a 310,246 square foot lot. The property is currently owned by LRF3 MIA 159TH STREET LP C/O LONGPOINT PARTNERS LP, recorded as of 2026-04-19. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2024-11-25 for $86,325,500. There are 3 recorded sales for this property. The 2025 assessed value is $17,000,000 with a market value of $17,000,000.

This breaks down to $6,204,920 for the land and $10,795,080 for the building. The assessed value increased 21% from $14,105,932 in 2024. The median household income in this area is $48,695, and the median home value is $290,000.

The population density is 4,114 people per square mile. There are active mortgage liens totaling $180,265,000 recorded against this property. 1600 NW 159 ST, Miami Gardens, FL 33169 is located in Miami Gardens, Florida.

Property records, tax assessments, sales history, and ownership information for this Miami Gardens property are sourced from miami_dade County public records. The complete ownership history of this property spans from 2017 to 2024, with 3 recorded transactions in the public record. The current assessed value represents 20% of the most recent sale price.

This low ratio may suggest the property is under-assessed relative to market value, common after recent improvements or a competitive purchase. Based on the most recent sale, this property traded at $520 per square foot — a key metric for comparing value across Miami Gardens's real estate market..

Current Owner

LRF3 MIA 159TH STREET LP C/O LONGPOINT PARTNERS LP
116 HUNTINGTON AVE STE 1001, BOSTON, MA, 02116
Since: 2026-04-19
View owner profile →

People Behind This Entity

Est. Annual Insurance

$170,400 — $306,800
Flood $400 — $800
Property/Wind $170,000 — $306,000

Estimate based on FEMA flood zone, property value, and year built. Actual premiums vary based on elevation, mitigation features, roof condition, and insurer. Not a quote.

Neighborhood

Median Income$48,695
Median Home Value$290,000
Pop. Density4,114/sq mi

Neighborhood 33169

36.3%
Owner-Occ
63.7%
Investor
245
Flips (4yr)
3,706
New Biz (3yr)
Distress Risk
ELEVATED
46
View full risk analysis →

Mortgages

ACTIVE
$180,265,000
THE PRUDENTIAL INSURANCE COMPANY OF AMERICA · 2024-11-25
Est. Total Balance $180,265,000
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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