2845 SW 37th Ct - Multi-Family FOR SALE


Miami, FL 33134- Southeast Gables
$995,000 USD
305-772-3897
2845 SW 37th Ct, Miami, FL for Sale
$995,000 USD
Multi-Family - FOR SALE
1/9
null | Request Cap Rate

2845 SW 37th Ct
Miami, FL 33134
Southeast Gables


HIGHLIGHTS

  • Exceptional location by Coral Gables
  • Redevelopment site for two residential units
  • Flood Zone X

OVERVIEW

This property is an existing duplex situated within the T3-O zoning district, a residential transect that supports low-intensity, neighborhood-scale living. The current structure contains two legal living units, consistent with its building use classification and its Residential existing land-use designation. The Municipal Future Land Use for the site is Duplex – Residential, confirming that continued use as a two-unit residential property aligns with long-term planning objectives. The site benefits from permitted Duplex Residential use, with no special waivers required other than allowance for Disabled Active Frontage, and is governed by development standards that protect neighborhood character while allowing reasonable reinvestment or improvement. Within these parameters, the existing duplex conforms well to zoning expectations, and the site allows flexibility for renovation, expansion, or continued operation as a two-residence structure. The regulatory framework supports modest intensification while ensuring compatibility with the surrounding residential neighborhood. As a result, the highest and best use of the property remains its current configuration as a two-unit residential dwelling, fully aligned with both zoning entitlements and future land-use policy.

FOR SALE DETAILS

PRICE

$995,000 USD

PRICE/SF

$544 USD /SF

# OF UNITS

2

PRICE/UNIT

$497,500

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Gables Edge Redevelopment Site

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1949

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

T-3

APN/PARCEL ID

01-4117-003-0140

ASK ABOUT THIS PROPERTY

Carlos VillanuevaThe Keyes CompanyMore Info
305-772-3897

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Carlos VillanuevaThe Keyes CompanyMore Info
305-772-3897

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.