2756 SW 37th Ave Active Save Request In-Person Tour Request Virtual Tour
Miami,FL 33133
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
Subdivision Douglas Manor
MLS Listing ID A11761030
HOA Y/N No
Annual Tax Amount $109,660
Tax Year 2024
Lot Size 1.260 Acres
Acres 1.26
Lot Dimensions 450x150
Property 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
State FL
County Miami-dade
Community Douglas Manor
Area 41
Exterior
Utilities Available Electricity Available,Sewer Available,Trash Collection,Water Available
Present Use Other
Private Pool Yes
Building
Sewer Other
Water Public
Others
Tax ID 01-41-17-002-0012
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11761030