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$5,000,000
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Property Description
Exceptional development opportunity in Miami-Dade County! Approximately 1.5-acre parcel located on corner lot NW 1st Avenue and 166th Street, currently operating as a parking lot. Strategically positioned near the Golden Glades Interchange and I-95, offering excellent accessibility and connectivity throughout the city .The property's highest and best use is future development, with zoning permitting a variety of potential uses. The tax roll reflects Primary Zoning: 5700 - Duplexes General. A rare opportunity for developers, investors, and builders seeking a well-located parcel with significant upside potential. Buyers are encouraged to conduct their own due diligence and verify zoning, land use, and development possibilities with Miami-Dade County.
Full Property Details
Full Property Details for 1st Ave NW 166 St
General
- Price: $5,000,000
- Taxes: $16,343 (2025)
- Status: Active
- Type: Land Residential
- Source: Greater_Miami
- MLS ID: A12039383
- Updated: 6/18/2026
- Added to Site: 62 day(s) ago
Location
- Area: Oleta Terr
- County: Miami-Dade County
- Subdivision: OLETA TERR
- Building Name: OLETA TERR
- Direction Faces: East
Community
- Community Name: Oleta Terr
Structural Information
- Structure Type: Residential
- Detached/Attached: Detached
- Current Bldg. Use: Zoned Duplex, Check Land Use Plan
Additional Structures
- Other Structures: None
Lot Features
- Lot Size (Acres): 1.5
- Lot Size (Sq. Ft.): 69,369
- Lot Features: City Location, Corner Location, Near Business Park, Other Soil Type, 1 To Less Than 2 Acre Lot, Other
- Development Status: Undeveloped
- Trees/Vegetation: Other Trees, Other Ground Cover
- Zoning: 5700
Financial Considerations
- Tax Amount: $16,343
- Tax Year: 2025
- Terms: All Cash, Conventional
Disclosures and Reports
- Documents Avail.: Appraisal
- Legal Description: OLETA TERRACE PB 8-117 LOTS 16 THRU 36 BLK 20 LOT SIZE IRREGULAR OR 16666-3282 0195 3
- Property ID: 30-21-13-007-4590
Listed by Douglas Elliman
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Price & Sales History for 1st Ave NW 166 St
Date
Details
Price
Change
Source
6/18/2026
Listed
$5,000,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1st Ave NW 166 St
1st Ave NW 166 St, Miami, FL 33169 (MLS# A12039383) is a Land Residential property with a lot size of 1.5 acres. 1st Ave NW 166 St is currently listed for $5,000,000 and was received on June 18, 2026. Want to learn more about 1st Ave NW 166 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.

