1st ave NW 166 st Miami, FL $ 5,000,000
1st ave NW 166 st
$ 5,000,000
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1st ave NW 166 st

Miami, FL, 33169
$ 5,000,000
Baths0.0

Monthly Estimate*

$ 30,786

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Studio

Lots and Land for sale in Miami, FL

for $5,000,000. The lot size is 1.5.

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.

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Lots and Land Active

Price

$ 5,000,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 16,343

Style

Lot Size

1.5

Town/City

Miami

County/Region

Miami-Dade

MLS | Web ID

A12039383

Features
General
Possession Closing & Funding
Development Status Raw Land
Property Subtype Residential
Tax Year 2025
County Miami-Dade
Property Type Land
Subdivision Name OLETA TERR
Facing Direction East
Building Features Not Applicable
Status Active
City Miami
Zoning Description 5700
MLS Area 21
Lot Size Units Square Feet
Lot Size Square Feet 69369
Listing Terms Cash Conventional
Tax Annual Amount 16343
Virtual Tour https://www.propertypanorama.com/instaview/mia/A12039383
Standard Status Active
Property Sub Type Additional Residential
Legal Description OLETA TERRACE PB 8-117 LOTS 16 THRU 36 BLK 20 LOT SIZE IRREGULAR OR 16666-3282 0195 3
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Interior
Total Baths 0
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Exterior
Vegetation Other
Lot Features 1-2 Acres
Lot Size Area 69369
Lot Size Acres 1.5
Waterfront Y/N false
Covered Spaces 0
Number of Lots 1
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* Excluded Features
List By
Douglas Elliman

Broker

mariaelena.porto@elliman.com

Email

Affordability Calculator

$32,148
Per Month
96%
4%
0%
Monthly Principal & Interest
$30,786
Monthly Property Taxes
$1,362
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/18/2026$5,000,000 Listed Price

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1st ave NW 166 st, Miami, FL, 33169 is a Lots and Land for sale at $5,000,000 with a lot size of 1.5. 1st ave NW 166 st is a studio with 0.0 baths. The property's zip code is 33169 which is in Miami, FL