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$945,000
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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.
Full Property Details
Full Property Details for 137 NW 165th St
General
- Price: $945,000
- Taxes: $2,159 (2025)
- Status: Active
- Type: Land Residential
- Source: Greater_Miami
- MLS ID: A11901239
- Updated: 11/28/2025
- Added to Site: 86 day(s) ago
Location
- Area: Oleta Terr
- County: Miami-Dade County
- Subdivision: OLETA TERR
- Building Name: OLETA TERR
- Direction Faces: Southeast
Community
- Community Name: Oleta Terr
Structural Information
- Structure Type: Residential
- Detached/Attached: Detached
- Current Bldg. Use: Multi-Family, Other Usage
Additional Structures
- Other Structures: Well Kept
Lot Features
- Lot Size (Acres): 0.62
- Lot Size (Sq. Ft.): 6,700
- Lot Features: Cleared
- Development Status: Recorded Plat
- Trees/Vegetation: No Trees
- Zoning: 5700
Financial Considerations
- Tax Amount: $2,159
- Tax Year: 2025
- Terms: All Cash, Conventional
Disclosures and Reports
- Legal Description: 12-13 52 41 OLETA TERRACE PB 8-117 LOTS 41 & 42 BLK 20 LOT SIZE 50.000 X 134 COC 23834-2771 09 2005 2
- Property ID: 30-21-13-007-4760
Listed by Fausto Commercial Realty Consultants Inc
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Schools
Schools serving 137 NW 165th St
School District:Dade County School District
| Name | Grades | Distance |
|---|---|---|
Thomas Jefferson Middle School, Miami, FL 525 Northwest 147th Street, Miami, FL 33168 | 6-8 | 1.2 mi |
Linda Lentin K-8 Center 14312 Ne 2nd Ct, North Miami Beach, FL 33161 | PK-5 | 1.5 mi |
North Miami Senior High School 13110 Northeast 8th Avenue, North Miami, FL 33161 | 9-12 | 2.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 137 NW 165th St
Date
Details
Price
Change
Source
11/12/2025
Price Increased
$945,000
5.12%
MLS
10/22/2025
Listed
$899,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 137 NW 165th St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$2,159
12%
$154,141
18%
2023
$1,926
96%
$130,662
86%
2021
$982
-37%
$70,435
-22%
2022
$1,567
60%
$90,341
70%
2021
$982
35%
$53,061
47%
2019
$729
8%
$36,004
10%
2018
$674
18%
$32,731
-7%
2017
$572
14%
$35,218
30%
2016
$502
100%
$27,051
110%
2015
$251
5%
$12,912
10%
2014
$239
—
$11,739
—
2013
$238
—
$11,739
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 137 NW 165th St
137 NW 165th St, Miami, FL 33169 (MLS# A11901239) is a Land Residential property with a lot size of 0.62 acres. 137 NW 165th St is currently listed for $945,000 and was received on October 22, 2025. Want to learn more about 137 NW 165th St? Do you have questions about finding other Land Residential real estate for sale in Miami? You can browse all Miami real estate or contact a Coldwell Banker agent to request more information.

