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Coral Gables Development Opportunity
For Sale
$16,000,000

2756 SW 37th Ave, Miami, FL 33133

Two-block assemblage near Coral Gables Hospital for sale.

Property SizeContact for details
Lot Size1.26 Acres
Days on Market152

Property Features for 2756 SW 37th Ave

General Information

Standard status Active
Lot size 1.26 Acres
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $109,660
Listing Agency: Synergy Realty Advisors LLC
Listed By: Andros Sarduy · License #3333058
Source: Elliman
Added: Mar 12 Changed: Aug 8 Last Checked: Aug 8 at 2:20PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Synergy Realty Advisors LLC

Investment Insights

Based on property information with market context.

A two-block assemblage totaling 1.26 acres is available for sale at the edge of Coral Gables, directly across from the to-be-renovated Douglas Park 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 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 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.

Key Highlights

  • 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.
  • Current income‑producing property generating $30,000/month.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Electrical Service Tanning Salon Butcher Restaurant Mobile Phone Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

5,249
Businesses Nearby

Demographics for 33133, FL

34,141
Population
17,235
Households
2
Avg Household Size
43
Median Age
62%
College-Educated
95%
High-School Grad
4.2 sq mi
ZIP Area
8,129
Density / Sq Mi
$92,734
Median Household Income
$58,233
Median Earnings
$1,945
Median Rent
$906,800
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Two-block assemblage near Coral Gables Hospital for sale.
Where is this commercial land 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.; Current income‑producing property generating $30,000/month.
More about this property
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