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$ 899,000
Est. payment | /mo
0.62 Acres Lot
$ 899,000
Est. payment | /mo
0.62 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Residential
Listing Status Active
Purchase Type For Sale
Subdivision Oleta Terr
MLS Listing ID A11901239
HOA Y/N No
Annual Tax Amount $2,159
Tax Year 2025
Lot Size 0.620 Acres
Acres 0.62
Property Sub-Type Residential
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.
Location
State FL
County Miami-dade
Community Oleta Terr
Area 21
Exterior
Private Pool Yes
Building
Faces Southeast
Others
Tax ID 30-21-13-007-4760
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11901239
Listed by Fausto Commercial Realty Consultants Inc
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