REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 16,000,000
Est. payment /mo
Active
2756 SW 37th Ave Miami, FL 33133
1.26 Acres Lot
UPDATED:
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
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.
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
Listed by Synergy Realty Advisors
NEARBY SCHOOLS & PROPERTIES
GET MORE INFORMATION