975 SW 37th Avenue, Miami FL 33135

MLS #B26021693

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Active Add
$1,390,000 ▼ $360,000
3
Bedrooms
2.0
Bathrooms
1,439 sq ft
Living Area

Property Details

Type Residential
Style Single Family Residence
Bedrooms 3
Bathrooms 2
Half Baths 0
Living Area 1,439 sq ft
Pets Allowed No
Taxes $28,500
Maintenance Fee $0
Price $1,390,000
Status Active
Lot Size N/A
Year Built 1949
Waterfront No
Pool No
Subdivision ENGLEWOOD NORTH
Days on Market 68

Additional Information

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.

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Michael Light

Michael Light

Broker Associate
The Light Group Douglas Elliman

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