Mixed-Use Development
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2503 NW 37th St, Miami, FL 33142
D1-zoned Miami site allows residential, office, commercial, and industrial uses with up to 8 stories and 80-foot height.
Property Size480,000 SF
Days on Market124
Property Features for 2503 NW 37th St
General Information
Standard status
Active
Size
480,000 SF
Total Parking Spaces
509
Property subtype
Industrial
Zoning
D1
Building Details
Stories
8
Listing Agency:
Compass Coral Gables
(305) 753-9826
Listed By:
Enrique Montoya · License #3425814
Source:
Crexi
Added: Apr 12
Changed: Aug 8
Last Checked: Jul 21 at 7:50AM
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 Compass Coral Gables
Investment Insights
Based on property information with market context.
2503 NW 37th St is a D1-zoned development site in Miami that supports a mix of residential, lodging, office, commercial, and industrial uses. The district allows up to eight stories or 80 feet in total height, whichever is less, with a maximum of 14 feet from finished floor to finished floor per story.
Based on an attached Gridics scenario, the site could be developed as a mixed-use configuration with ground-level commercial net area of 47,870 square feet, parking above, and two office towers with net area of 122,510 square feet. Parking requirements vary by use and location; for this scenario and after a TOD 30% reduction, 509 spaces are required and provided with a four-story parking garage.
The maximum built area for the commercial and office scenario is listed as 386,000 square feet, with an alternative scenario allowing approximately 484,750 square feet, subject to exact survey of development needs.
Based on an attached Gridics scenario, the site could be developed as a mixed-use configuration with ground-level commercial net area of 47,870 square feet, parking above, and two office towers with net area of 122,510 square feet. Parking requirements vary by use and location; for this scenario and after a TOD 30% reduction, 509 spaces are required and provided with a four-story parking garage.
The maximum built area for the commercial and office scenario is listed as 386,000 square feet, with an alternative scenario allowing approximately 484,750 square feet, subject to exact survey of development needs.
Key Highlights
- D1‑zoned City of Miami site at 2503 NW 37 St & 2696 NW 38 St.
- Land uses allowed include residential, lodging, office, commercial, and industrial.
- Development permitted up to 80% site coverage, supporting approximately 60,000 SF per floor (480,000 SF total).
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,249
Businesses Nearby
Explore this area
Business Placement
Demographics for 33142, FL
55,425
Population
22,275
Households
2.5
Avg Household Size
39
Median Age
13%
College-Educated
69%
High-School Grad
10.9 sq mi
ZIP Area
5,085
Density / Sq Mi
$37,900
Median Household Income
$29,109
Median Earnings
$1,289
Median Rent
$298,000
Median Home Value
Market
Vacancy Rate% for Office in Miami, FL
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - D1-zoned Miami site allows residential, office, commercial, and industrial uses with up to 8 stories and 80-foot height.
Where is this office building located?
The property is located at 2503 NW 37th St Miami, FL.
What are key features of this property?
This property features: D1‑zoned City of Miami site at 2503 NW 37 St & 2696 NW 38 St.; Land uses allowed include residential, lodging, office, commercial, and industrial.; Development permitted up to 80% site coverage, supporting approximately 60,000 SF per floor (480,000 SF total).
