2756 SW 37th Ave, Miami FL 33133

Description

Two-block assemblage totaling 1.26 acres at the edge of Coral Gables for sale, directly across from the to-be-renovated Douglas Park and near Coral Gables Hospital. The site consists of 1.14 acres zoned T6-8-O and a 0.12 acre T3-O lot, allowing 172 units by right, with potential for additional height and density through workforce housing incentives. Located half a mile from the Link at Douglas development. Current uses include a specialty medical center (owner-occupied), a multifamily generating $12,000/month, and three mixed-use buildings producing $18,000/month. Seller may lease back the medical center, bringing projected monthly income to $50,000. Rezoning the T3-O lot could unlock additional development flexibility, including Live Local Act opportunities. Seller financing available.

This home located at 2756 SW 37th Ave, Miami FL 33133 is currently for sale and has been available on Brickellsold for 358 days. This property is listed at $16M. It has N/A beds, N/A bathrooms, and is N/A square feet. 2756 SW 37th Ave, Miami FL 33133 is in Miami county Miami-Dade County.