Corner Lot Restaurant
For Sale
$7,000,000
2345 SW 37th Ave, Miami, FL 33145
Restaurant building on a corner lot with an adjacent parking parcel for redevelopment or alternative uses.
Property Size2,698 SF
Days on Market112
Property Features for 2345 SW 37th Ave
General Information
Standard status
Active
Size
2,698 SF
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$19,328
Building Details
Building Size
2,698 SF
Year Built
1959
Listing Agency:
(305) 213-6255
Listed By:
Ana Cuan · License #0617315
(305) 213-6255
Source:
Elliman
Added: Apr 24
Changed: Aug 11
Last Checked: Aug 12 at 7:15AM
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 Ana Cuan
Investment Insights
Based on property information with market context.
The property is currently configured as a restaurant and is described as being in excellent condition. The offering includes a 2,698 SF building on a 10,384 SF main lot, plus a 5,700 SF adjacent parcel designated for parking. This layout supports redevelopment into other commercial or mixed-use concepts, including retail, medical, office, or boutique residential use.
Set on a corner lot just steps from Coral Gables, the site is positioned near Miracle Mile, Coral Gables Plaza, and the Loews Hotel. The area is noted for walkability, with a WalkScore of 97, along with proximity to Brickell, Coconut Grove, MIA, US-1, and SR 836.
With frontage on an urban corner and dedicated adjacent parking space, the property presents a redevelopment-focused footprint for businesses seeking a central, walkable setting.
Set on a corner lot just steps from Coral Gables, the site is positioned near Miracle Mile, Coral Gables Plaza, and the Loews Hotel. The area is noted for walkability, with a WalkScore of 97, along with proximity to Brickell, Coconut Grove, MIA, US-1, and SR 836.
With frontage on an urban corner and dedicated adjacent parking space, the property presents a redevelopment-focused footprint for businesses seeking a central, walkable setting.
Key Highlights
- 2,698 SF restaurant building built in 1959 on a corner lot redevelopment site
- 10,384 SF main lot with a 5,700 SF adjacent parcel available for parking
- Flexible property use: currently configured as a restaurant with potential for retail, medical, office, or boutique residential
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
9,041
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 33145, FL
29,737
Population
12,773
Households
2.3
Avg Household Size
44
Median Age
42%
College-Educated
85%
High-School Grad
2.5 sq mi
ZIP Area
11,895
Density / Sq Mi
$70,592
Median Household Income
$43,039
Median Earnings
$1,769
Median Rent
$560,300
Median Home Value
Market
Vacancy Rate% for Retail in Miami, FL
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Restaurant building on a corner lot with an adjacent parking parcel for redevelopment or alternative uses.
Where is this conventional restaurant located?
The property is located at 2345 SW 37th Ave Miami, FL.
What is the asking price?
The asking price for this property is $7,000,000.
What are key features of this property?
This property features: 2,698 SF restaurant building built in 1959 on a corner lot redevelopment site; 10,384 SF main lot with a 5,700 SF adjacent parcel available for parking; Flexible property use: currently configured as a restaurant with potential for retail, medical, office, or boutique residential
