$945,000

137 NW 165th St, Miami, FL 33169

  • Property Icon Land
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon0.62acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 1 month ago

Property 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 units—two 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.

Listing Status:
Active
Date Added:
October 22, 2025 at 05:00AM
Listing Office:
Fausto Commercial Realty Consultants Inc : 786-748-7373
Listing Agent:
Zenovia Varela : 954-348-5852
MLS ID:
A11901239
  • General: Well Kept
  • Originating MLS: Miami Association of REALTORS®
  • County: Miami-Dade County
  • Zoning: 570012-13 52 41 OLETA TERRACE PB 8-117 LOTS 41 & 42 BLK 20 LOT SIZE 50.000 X 134 COC 23834-2771 09 2005 230-21-13-007-4760
  • Current Use: Multi-FamilyOther Usage
  • Source: Miami Association of REALTORS®

This listing courtesy of Zenovia Varela, Fausto Commercial Realty Consultants Inc

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

B

Biscayne Gardens Elementary School

560 NW 151st St, Miami, FL, 33169

Grades PK-5

1.00 miles away

T

Thomas Jefferson Middle School

525 NW 147th St, Miami, FL, 33168

Grades 6-8

1.16 miles away

A

Acceleration Academies Llc

1001 N Miami Beach Blvd, North Miami Beach, FL, 33162

Grades 8-12

1.48 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

Similar Listings Nearby