Description
Presenting an outstanding development opportunity in a rapidly growing Miami neighborhood. 137 NW 165th St features a rare triple-lot assemblage totaling approximately 0.62 acres, zoned RU-2 & RU-3, This strategic assemblage includes two 6,700 sq ft lots zoned RU-2 (duplex) and one 13,500 sq ft lot zoned RU-3 (quadplex), allowing for the construction of eight multifamily unitstwo duplexes and one fourplex situated in the Oleta Terrace offering excellent potential for multi-family construction such as duplexes, townhomes, or a boutique residential project. While the site is not shovel-ready, it provides a solid blank canvas for a developer with vision giving full flexibility to design and build according to market needs and preferred project specifications. Surrounded by established residential communities and positioned close to I-95, the Golden Glades Interchange, retail centers, and public transit, this location is ideal for future residents seeking convenience and accessibility. With strong rental demand and limited multi-family development land available in the area, this property offers significant long-term upside for investors looking to create new housing in a high-growth Miami corridor. Don’t miss the opportunity to transform this strategically located parcel into a valuable income-producing asset.
Details
| MLS # | A11901239 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 314 |
| Listing Provided By | Fausto Commercial Realty Consultants Inc | Zenovia G Varela |
Features
| Zoning | 5700 |
|---|---|
| Acreage | 0.62 |
Exterior
| Lot Features | Cleared |
|---|
Taxes
| Tax Annual Amount | 2159 |
|---|
Area Information
| State | FL |
|---|---|
| County | Miami Dade |
| City | Miami |
| Zip Code | 33169 |
| Area | 2210 |
| Community Name | OLETA TERR |
| Listing VS Median (in OLETA TERR) | |
Price: $899,000 low | high Med: $725,000 On site: 314 low | high Med: 29 | |
Market Activity 33169
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Learn More About This Property
| State | FL |
|---|---|
| County | Miami Dade |
| City | Miami |
| Zip Code | 33169 |
| Area | 2210 |
| Community Name | OLETA TERR |
| Listing VS Median (in OLETA TERR) | |
Price: $899,000 low | high Med: $725,000 On site: 314 low | high Med: 29 | |
 | $2,200,000152 Nw 165th StMiami, FL 33169 |
 | $2,200,000152 Nw 165th StreetMiami, FL 33169 |
 | $2,100161 Nw 164th Street 1Miami, FL 33169 |
 | $2,100161 Nw 164th Street 1Miami, FL 33169 |
 | $1,250,000151 Nw 164th StMiami, FL 33169 |