Multifamily Land Development Portfolio
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
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