Oleta Terrace, 137 NW 165th St

Beds
0.15
Acre
$5,993,333
$/Acre
Land
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.
MLS Number: A11901239
On Site: 329 Days
Updated: 123 Days ago
Page Views: 0

Features

All features
  • Property SqFt: 6700
  • Remarks: 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.
  • Internet Remarks: 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.
  • Waterfront: No info
  • Directions: Southeast
  • Days on Market: 189
  • Compass Point: NW
  • Office Name: Fausto Commercial Realty Consultants Inc
  • Area: 6700
  • Taxes: 2159
  • Tax Year: 2025
  • Listing Date: 2025-10-22T22:30:30.000-00:00
  • Lot Size Square Feet: 6700

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Price History

Current
$899K
High
$945K
Low
$895K
Total Change
0%
$951K$920K$889KOct 25Nov 25Feb 26Feb 26
Date
Event
Price
Change
Price Per
02/28/2026
Price Increased
$899K
0.45%
$134 ft2
$1,444 m2
02/16/2026
Price Reduced
$895K
-5.29%
$134 ft2
$1,438 m2
11/12/2025
Price Increased
$945K
5.12%
$141 ft2
$1,518 m2
10/22/2025
Listed
$899K
 
$134 ft2
$1,444 m2
02/28/2026
$899K
Event
Price Increased
Change
0.45%
Price Per
$134 ft2
$1,444 m2
02/16/2026
$895K
Event
Price Reduced
Change
-5.29%
Price Per
$134 ft2
$1,438 m2
11/12/2025
$945K
Event
Price Increased
Change
5.12%
Price Per
$141 ft2
$1,518 m2
10/22/2025
$899K
Event
Listed
Price Per
$134 ft2
$1,444 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Zenovia VarelaFausto Commercial Realty Consultants Inc • Buyer Agency Compensation .

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Scores

Walk Score®
Very Walkable. Most errands can be accomplished on foot
74

100
Transit Score®
Some Transit. A few nearby public transportation options
42

100
Bike Score®
Somewhat Bikeable. Minimal bike infrastructure
46

100
Sound Score®
Very loud
72

100
Airport Score
Close to airports. Noticeable airport activity
0

100
Traffic Score
Congested area. Frequent traffic delays
38

100
Local Score
Limited local amenities nearby
2

100
Community Snapshot
$899K – $899K
Price Tier
1,090 - 4,117
SqFt Range
1959
Year Build
1
Total Floors

Golden Glades
Entry-Level
Entry-Level Homes & Condos