1535 37Th St Miami, FL 33142

Property Details for 1535 37Th St

Lot size

1.50 lot acres

Property type

Commercial real estate

APN

01-3123-019-0080, 01-3123-019-0050, 01-3123-019-0090, 01-3123-019-0060

Description

This exceptional 1.5-acre development site in Miami's Allapattah neighborhood presents a compelling investment opportunity. The property consists of four contiguous parcels with frontage on NW 37th Street and NW 15th Avenue, offering excellent access to major highways and the Metrorail station. Zoned T6-8-0, this site allows for the construction of 226 residential units (150 units per acre) as of right. Its location within an Opportunity Zone and a Transit-Oriented Development (TOD) overlay provides significant advantages. Allapattah, a rapidly growing and diverse community, boasts a strong employment base, particularly in the health services sector, due to its proximity to the Miami Health District. The area's population and average household income are projected to increase substantially in the coming years. The property's APN numbers are 01-3123-019-0080, 01-3123-019-0050, 01-3123-019-0090, and 01-3123-019-0060. The site's prime location, zoning potential, and the projected growth of Allapattah make this a highly attractive proposition for developers seeking a high-return investment in a thriving Miami neighborhood. The zip code is 33142. This is a residential development site.