Feasibility study now available! 180 Units possible with live local, 200 units with one level of underground parking. Live local scenario would yield a 12 story tower with 110 units (125 units with one level of underground parking) plus an 11 story tower with 70 units (75 units with one level of underground parking. This is possible to do without including the small multifamily property in the back, which requires rezoning and complicates the development. This is a Rare two block assemblage at the edge of Coral Gables and directly in front of Douglas park. Located right in the medical district with Coral gables Hospital only two blocks away. 1.14 acres of sf T 6 8 0 zoned land between both blocks. The extra height and density available using nearby comparator sites at bird road metro rail station. Less than one mile ( about half a mile) from the metrorail station. Package includes a specialty medical center on the south block( owner occupied and would be leased back for a negotiable time), an income producing multifamily and three fully rented mixed use income producing buildings that the north side. With the medical center income would be estimated at closer to 50k per month. North (smaller) block is good candidate for a medical tower- which owner would lease back as anchor tenant if available.
Listing Provided Courtesy of Synergy Realty Advisors at 305-297-3557
Property Details
Price:
$16,000,000
MLS #:
A11761030
Status:
Active
Beds:
0
Baths:
0
Type:
Land
Subtype:
Unimproved Land
Subdivision:
DOUGLAS MANOR
Neighborhood:
2410
Listed Date:
Mar 11, 2025
Lot Size:
55,207 sqft / 1.26 acres (approx)
See this Listing
Schools
Elementary School:
Frances S. Tucker
High School:
Coral Gables
Interior
Exterior
Financial
Tax Year
2024
Taxes
$109,660
Map
Community
- Address2756 SW 37th Avenue Miami FL
- SubdivisionDOUGLAS MANOR
- CityMiami
- CountyMiami-Dade
- Zip Code33133
Market Summary
Property Summary
- Located in the DOUGLAS MANOR subdivision, 2756 SW 37th Avenue Miami FL is a Land for sale in Miami, FL, 33133. It is listed for $16,000,000 and features 1 acres.
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