975 SW 37th Avenue, Miami FL 33135
3 Beds
2 Baths
SQFT 7,000
Garage
77 Years Built
Home Details
The property consists of a 7,000 square-foot 0.16 acre parcel zoned T5 O, currently improved with a 1,443 square-foot single-family residence. The zoning allows for immediate, as of right development of up to 10 residential units or a boutique office concept, offering investors the ability to execute on a variety of high demand product types. In the interim, the existing structure provides the ability to generate income and offset carry costs during the entitlement and planning phase. Positioned within a rapidly evolving corridor with strong population growth, increasing rental demand, and proximity to Coral Gables' core amenities, this offering presents a compelling opportunity to capitalize on a fundamentally strong location with limited comparable development sites.
Other Interior Features
General
Neighbourhood
Location
The property consists of a 7,000 square-foot 0.16 acre parcel zoned T5 O, currently improved with a 1,443 square-foot single-family residence. The zoning allows for immediate, as of right development of up to 10 residential units or a boutique office concept, offering investors the ability to execute on a variety of high demand product types. In the interim, the existing structure provides the ability to generate income and offset carry costs during the entitlement and planning phase. Positioned within a rapidly evolving corridor with strong population growth, increasing rental demand, and proximity to Coral Gables' core amenities, this offering presents a compelling opportunity to capitalize on a fundamentally strong location with limited comparable development sites.