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2756 SW 37Th Ave Miami, FL 33133

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For Sale
$16,000,000

1.26-acre assemblage near Coral Gables Hospital with income potential.

Lot size:
1.26 Acres

Property Features for 2756 SW 37Th Ave

General Information

Lot size
1.26 Acres

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Listing Contact
Andros Sarduy
Andros Sarduy
Source: Elliman

Listing Agent: Andros Sarduy

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

Coral Gables Development Opportunity

A 1.26-acre assemblage is available for sale at the edge of Coral Gables, directly across from the planned Douglas Park renovation and near Coral Gables Hospital. The site includes 1.14 acres zoned T6-8-O and a 0.12-acre T3-O lot. The zoning allows for 172 units by right, with potential for additional height and density through workforce housing incentives. The property is located half a mile from the Link at Douglas development. Current uses include a specialty medical center (owner-occupied), a multifamily generating $12,000 per month, and three mixed-use buildings producing $18,000 per month. The seller may lease back the medical center, potentially bringing the projected monthly income to $50,000. Rezoning the T3-O lot could unlock additional development flexibility, including Live Local Act opportunities. Seller financing is available.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Medical centers

Suggested Use

Restaurant Law Firm Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Miami
County
Miami-Dade
State
Florida
Longitude
-80.254257
Latitude
25.739476

FAQs

What type of property is this?
Mixed-use property - 1.26-acre assemblage near Coral Gables Hospital with income potential.
Where is this mixed-use property located?
The property is located at 2756 SW 37Th Ave Miami, FL.
What is the asking price?
The asking price for this property is $16,000,000.
What are key features of this property?
This property features: - 1.26 acre assemblage at the edge of Coral Gables, across from Douglas Park.; - Zoned for **172 units by right**, with potential for increased density via workforce housing incentives.; - Existing income-generating property with **$30,000/month** from multifamily and mixed-use buildings.
More about this property
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