About 2756 Sw 37th Ave
Two-block assemblage totaling 1.26 acres at the edge of Coral Gables for sale, directly across from the to-be-renovated Douglas Park and near Coral Gables Hospital. The site consists of 1.14 acres zoned T6-8-O and a 0.12 acre T3-O lot, allowing 172 units by right, with potential for additional height and density through workforce housing incentives. Located half a mile from the Link at Douglas development. Current uses include a specialty medical center (owner-occupied), a multifamily generating $12,000/month, and three mixed-use buildings producing $18,000/month. Seller may lease back the medical center, bringing projected monthly income to $50,000. Rezoning the T3-O lot could unlock additional development flexibility, including Live Local Act opportunities. Seller financing available.
Features of 2756 Sw 37th Ave
MLS® # | A11761030 |
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Price | $16,000,000 |
Bathrooms | 0.00 |
Acres | 1.26 |
Type | Land / Boat Docks |
Status | Active |
Community Information
Address | 2756 Sw 37th Ave |
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Area | 41 |
Subdivision | DOUGLAS MANOR |
City | Miami |
County | Miami-Dade |
State | FL |
Zip Code | 33133-2749 |
HOPA | No Hopa |
Amenities
Utilities | Electricity Available, Sewer Available, Trash Collection, Water Available |
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Is Waterfront | No |
Has Pool | No |
Interior
Fireplace | No |
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Exterior
Lot Description | 450x150 |
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Listing Details
Office | Synergy Realty Advisors |
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