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1st ave NW 1st Ave 166 Street, Miami, FL 33169
Active
97 Days on Market
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$5,000,000

1st ave NW 1st Ave 166 Street

Miami, FL 33169

OLETA TERR

Explore the area: Miami homes for sale · Miami Dade County real estate

How this price compares

List price
$5,000,000
Price per sq ft
N/A
Original price
Unchanged
Days on market
97

This lot in ZIP 33169 is listed at $5,000,000. It has been on the market for 97 days.

0
Bedrooms
0
Bathrooms
0
Living Sq Ft
N/A
Year Built

Estimated monthly payment

$26,277 /mo

Principal and interest only, based on $1,000,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.

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Listing Snapshot

Price
$5,000,000
Days on Site
97 Days
Bedrooms
0
Total Baths
0
Lot Size
1.5 Acres
Property Type
Land
MLS #
A12039383
Property Tax
$16,343 (2025)
Subdivision
OLETA TERR
County
Miami Dade
Status
Active

About This Property

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.

Virtual Tour

General Features

Property Type
Land
Status
Active
Direction Faces
East
Lot Size (Acres)
1.5
Zoning
5700

Exterior Features

Lot Features
One To Two Acres / Business Park / Corner Lot / City Lot / Other

Community & HOA

Financing Terms
Cash / Conventional
MLS Area
2210

Schools

Elementary School
Linda Lentin K-8
High School
North Miami
Homes for Sale
3
Median List Price
$725,000
Median $/Sq Ft
$341
Avg Days on Market
137
View all 3 homes for sale in Oleta Terr →
How do I schedule a tour of 1st ave NW 1st Ave 166 Street, Miami, FL 33169?
Use the Tour button on this listing to request a showing of 1st ave NW 1st Ave 166 Street, Miami, FL 33169. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
Is 1st ave NW 1st Ave 166 Street, Miami, FL 33169 still available?
1st ave NW 1st Ave 166 Street, Miami, FL 33169 is currently listed as Active, and has been on the market 97 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
How much is the monthly payment for 1st ave NW 1st Ave 166 Street, Miami, FL 33169?
With 20% down ($1,000,000) on the $5,000,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 1st ave NW 1st Ave 166 Street, Miami, FL 33169 is about $26,277/mo, before property taxes, insurance. Use the payment estimate on this page to adjust the down payment and rate.
How do I get pre-approved to buy 1st ave NW 1st Ave 166 Street, Miami, FL 33169?
Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 1st ave NW 1st Ave 166 Street, Miami, FL 33169. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
What schools serve 1st ave NW 1st Ave 166 Street, Miami, FL 33169?
1st ave NW 1st Ave 166 Street, Miami, FL 33169 is zoned for Linda Lentin K-8 (elementary), North Miami (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
Can I negotiate the price of 1st ave NW 1st Ave 166 Street, Miami, FL 33169?
Often, yes. The right offer on 1st ave NW 1st Ave 166 Street, Miami, FL 33169 depends on how it's priced against comparable land sales in Miami, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.

Listing courtesy of Douglas Elliman

Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated June 23, 2026.

$5,000,000

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Listed by Maria Elena Porto, Douglas Elliman

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