$16,000,000
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.Other Land - DOUGLAS MANOR for Sale
2756 SW 37TH AVE, MIAMI, FL 33133Asking Price$16,000,000
Share by:
- Lot size 55207sqft
- Taxes: Register to see
-
Days on market:
57 day(s) Original Price:
$16,000,000Tax Legal Description:
17 54 41 L E DOUGLAS MANOR PB 7-157 S4.80FT OF LOT 23 & ALL LOT 24 LESS E10FT THEREOF FOR R/W BLK 1 LOT SIZE 59.800 X 108 OR 20697-3055 1002Tax Year:
2024-
MLS:
A11761030 -
Property Type:
Land -
Waterfrontage (sqft):
450
Lot Features:
City Location 1-2.5 Acres