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.

Address

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Address: 1st Ave 166
City: Miami
State/county: Miami-Dade
Zip/Postal Code: 33169
Area: Miami

Details

Updated on July 20, 2026 at 4:56 pm

Property ID A12039383
Price $5,000,000
Land Area 1.5 Sq Ft
Type Unimproved Land
Property Status Land

Additional details

ContractStatusChangeDate 2026-06-18
CumulativeDaysOnMarket 32
CurrentPrice 5000000
CurrentUse Residential, Single Family
DaysOnMarket 32
DaysOnMarketReplication 32
DaysOnMarketReplicationDate 2026-07-20
DaysOnMarketReplicationIncreasingYN 1
DevelopmentStatus Raw Land
DirectionFaces East
DocumentsAvailable Appraisal
DocumentsCount 0
ElementarySchool Linda Lentin K-8
HighSchool North Miami
InternetAddressDisplayYN 1
InternetEntireListingDisplayYN 1
ListAOR Miami REALTORS
ListAgentAOR Miami Association of REALTORS
ListAgentDirectPhone 305-332-8957
ListAgentEmail mariaelena.porto@elliman.com
ListAgentFirstName Maria Elena
ListAgentFullName Maria Elena Porto
ListAgentKey 26627411
ListAgentKeyNumeric 26627411
ListAgentLastName Porto
ListAgentMlsId SEF3076492
ListAgentNationalAssociationId 277016898
ListAgentOfficePhone 954-874-0740
ListAgentPreferredPhone 305-332-8957
ListAgentStateLicense 3076492
ListAgentURL HTTP://WWW.ELLIMAN.COM
ListOfficeAOR Miami Association of REALTORS
ListOfficeEmail cheri-lynn.diamond@elliman.com
ListOfficeKey 5903586
ListOfficeKeyNumeric 5903586
ListOfficeMlsId SEFDEOM11
ListOfficeName Douglas Elliman
ListOfficePhone 954-874-0740
ListingAgreement Exclusive Right To Sell
ListingContractDate 2026-06-18
ListingKey 1175116542
ListingKeyNumeric 1175116542
ListingTerms Cash, Conventional
LotFeatures 1-2 Acres, Business Park, Corner Lot, City Lot, Other
LotSizeDimensions 69, 369
LotSizeSquareFeet 69369
MLSAreaMajor 2210
MajorChangeTimestamp June 18, 2026 at 12:00am
MajorChangeType New Listing
MlsStatus Active
MobileDimUnits Feet
ModificationTimestamp July 20, 2026 at 03:22pm
NumberOfLots 1
OnMarketDate 2026-06-18
OnMarketTimestamp 2026-06-18T00:00:00.000-00:00
OpenHouseModificationTimestamp 2026-07-20T11:21:41.510-00:00
OriginalEntryTimestamp June 18, 2026 at 02:07pm
OriginalListPrice 5000000
OriginatingSystemID M00000151
OriginatingSystemKey 608017173
OriginatingSystemListAgentMemberKey 1218966
OriginatingSystemListOfficeKey 1252106
OriginatingSystemModificationTimestamp 2026-07-20T11:21:41.510-00:00
OriginatingSystemName BEACH
OriginatingSystemSubName BEACH_MIAMI
ParcelNumber 3021130074590
Permission IDX
PhotosChangeTimestamp June 20, 2026 at 11:59am
PhotosCount 29
Possession Negotiable
PostalCity Miami
PostalCode 33169
PostalCodePlus4 0000
PropertySubTypeAdditional Unimproved Land
PublicSurveyTownship 30
SourceSystemID TRESTLE
SourceSystemKey 1175116542
SourceSystemName flexmls
StateOrProvince FL
StatusChangeTimestamp June 18, 2026 at 12:00am
StreetDirPrefix NW
StreetName 1st Ave 166
StreetNumber 1st ave
StreetNumberNumeric 1
StreetSuffix Street
SubdivisionName OLETA TERR
TaxAnnualAmount 16343
TaxLegalDescription OLETA TERRACE PB 8-117 LOTS 16 THRU 36 BLK 20 LOT SIZE IRREGULAR OR 16666-3282 0195 3
TaxYear 2025
UniversalPropertyId US-12025-N-3021130074590-R-N
Vegetation Other
VideosCount 0
Zoning 5700