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.
Lot/land
$899,000
137 NW 165th St, Miami, FL 33169
--beds
--baths
0.62Acres
Unimproved Land
Built in ----
0.62 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 311 days
- 38
- 0
Zillow last checked:
Listing updated:
Listed by:
Zenovia Varela 954-348-5852,
Fausto Commercial Realty Consultants Inc
Source: MIAMI,MLS#: A11901239
Originating MLS: A-Miami Association of REALTORS
Facts & features
Interior
Video & virtual tour
Property
Lot
- Size: 0.62 Acres
- Features: Cleared
- Residential vegetation: No Trees
Details
- Has additional parcels: Yes
- Parcel number: 3021130074760
- Zoning: 5700
Community & HOA
Community
- Subdivision: Oleta Terr
HOA
- Has HOA: No
Location
- Region: Miami
Financial & listing details
- Tax assessed value: $154,100
- Annual tax amount: $2,159
- Date on market: 10/22/2025
- Listing terms: All Cash,Conventional
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 3/31/2026 | Listed for sale | $899,000 |
Source: | ||
| 3/14/2026 | Listing removed | $899,000 |
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| 3/1/2026 | Price change | $899,000+0.4% |
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| 2/16/2026 | Price change | $895,000-5.3% |
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| 11/12/2025 | Price change | $945,000+5.1% |
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| 10/23/2025 | Listed for sale | $899,000 |
Source: | ||
| 9/30/2025 | Listing removed | $899,000 |
Source: | ||
| 4/3/2025 | Listed for sale | $899,000 |
Source: | ||
| 3/29/2025 | Listing removed | $899,000 |
Source: | ||
| 7/5/2024 | Price change | $899,000-10% |
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| 2/7/2024 | Price change | $999,000-9.2% |
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| 8/10/2023 | Listed for sale | $1,100,000+120% |
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| 1/20/2021 | Sold | $500,000-9.1% |
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| 10/12/2020 | Pending sale | $550,000 |
Source: Propertio #A10908059 Report a problem | ||
| 8/11/2020 | Listed for sale | $550,000+37.5% |
Source: Propertio #A10908059 Report a problem | ||
| 10/3/2005 | Sold | $400,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,271 +5.2% | $120,243 +10% |
| 2024 | $2,159 +12.1% | $109,312 +10% |
| 2023 | $1,926 +22.9% | $99,375 +10% |
| 2022 | $1,567 +59.5% | $90,341 +107.4% |
| 2021 | $982 +19.5% | $43,564 +10% |
| 2020 | $822 +12.8% | $39,604 +10% |
| 2019 | $729 +8.1% | $36,004 +10% |
| 2018 | $674 | $32,731 +10% |
| 2017 | $674 +17.8% | $29,756 +10% |
| 2016 | $572 +127.7% | $27,051 +109.5% |
| 2015 | $251 -43.7% | $12,912 |
| 2001 | $446 | -- |
Find assessor info on the county website







