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27881129
27881128

137 NW 165th St, Miami, FL 33169

ZV
FL 3270530
Fausto Commercial Realty Consultants Inc
Fausto Commercial Realty Consultants
Listed by Fausto Commercial Realty Consultants Inc, Fausto Commercial Realty Consultants
$945,000
219 days on market
Updated 92 days ago

Multifamily Land Development Portfolio

Details
Property Type Land, Multifamily
Sub Type RU-2, RU-3
Broker Co-Op Yes
Year Built 0
Lot Size (SqFt) 26,900
Zoning 3100 MULTI-FAMILY - 4 UNITS, 5700 DUPLEXES - GENERAL, 5700 DUPLEXES - GENERAL

Land | 0.62 Acres

Marketing 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.

Investment highlights

🏢 Investment Highlights – 137 NW 165th St, Miami, FL 33169

  • Rare Multi-Lot Assemblage: Triple-lot parcel totaling ~0.62 acres, a size increasingly scarce in Miami for multi-family development.

  • Flexible Zoning: RU-2 & RU-3 zoning allows duplexes, townhomes, or small multi-family projects, offering multiple development options.

  • High-Growth Location: Positioned in a rapidly developing Miami neighborhood with proximity to I-95, the Golden Glades Interchange, retail hubs, and public transportation.

  • Value-Add Opportunity: The site is not yet developed, giving investors and developers full flexibility to design and build a project tailored to current market demand.

  • Strong Market Fundamentals: Miami continues to experience high rental demand, limited land availability, and increasing property values, creating potential for significant long-term upside.

  • Proximity to Amenities: Close to established residential communities, shopping centers, schools, and major commuting routes, enhancing appeal for future residents.

  • Strategic Entry Price: Offered at a competitive price point for a multi-lot parcel in Miami, making it attractive for developers and investors seeking high

Listing Contacts

ZV
FL 3270530
Fausto Commercial Realty Consultants Inc
Fausto Commercial Realty Consultants
Listed by Fausto Commercial Realty Consultants Inc, Fausto Commercial Realty Consultants

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Additional Information

Name
Zenovia Varela
License
3270530
Brokerage
Faustocommercial
Brokerage Phone
954-348-5852
Title
broker associate
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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