1605 NW 159 ST, Miami Gardens, FL 33169

1605 NW 159 ST, Miami Gardens, FL 33169 is a heavy industrial : heavy ind or lumber yard built in 1974 with 99,930 square feet of living space on a 191,747 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 2024-11-15 for $86,325,500, when BREIT SE INDUSTRIAL MIAMI SSIP LLC sold to LRF3 MIA 159TH STREET LLC . The property has appreciated $79,505,900 (1166%) since the prior sale of $6,819,600 on 2017-01-17. The 2025 assessed value is $12,491,250 with a market value of $12,491,250.

This breaks down to $4,793,675 for the land and $7,697,575 for the building. The assessed value increased 54% from $8,124,458 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. 1605 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 2 recorded transactions in the public record. The current assessed value represents 14% 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 $864 per square foot — a key metric for comparing value across Miami Gardens's real estate market..