




$16,000,000 USD
Commercial for Sale, 2756 SW 37th Ave, Miami, Florida 33133
- MLS#A11761030
Listed By Synergy Realty Advisors
The Commercial Property for Sale located at 2756 SW 37th Ave, Miami, Florida 33133 is currently for sale. 2756 SW 37th Ave, Miami, Florida 33133 is listed for $16,000,000.
Property features
Lot/Land
- Land/Lot size:
5,129 m² (55,207 ft²)
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.
Location
2756 SW 37th Ave, Miami, Florida 33133