Prime Redevelopment Site in Miami

2537 SW 37th Ave Miami, FL 33133

Miami
FOR SALE
Property Type:
Residential Land Development
Amount:
$6,500,000
Last Verified:
Nov 25, 2025

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Highlights

  • 23,475 square feet of land assemblage
  • 5 contiguous parcels
  • Zoned T6-8-O & T-3-O
  • Prime location in the Douglas corridor
  • Across from Coral Gables
  • 2537 SW 37th Avenue (T-6-8-O)
  • 2535 SW 37th Avenue (T-6-8-O)
  • 3695 SW 25th Terrace (T-3-O)
  • 3687 SW 25th Terrace (T-3-O)
  • 3681 SW 25th Terrace (T-3-O)

Description

Prime redevelopment opportunity in the City of Miami consisting of a five-parcel assemblage offered for sale together. The two parcels fronting SW 37th Avenue are zoned T6-8-O under the Miami 21 zoning code, allowing for mixed-use development. The three additional parcels on SW 25th Terrace are zoned T3-O, suitable for low-density residential use. All parcels are currently occupied under short-term leases (except for 3681 SW 25th Terrace, which is a vacant lot), providing flexibility for immediate or phased redevelopment. With dual frontage, high visibility, and a strategic location in a rapidly evolving area, this assemblage presents an outstanding opportunity for investors or developers seeking scale and zoning versatility in the Miami market.

Just steps away from the vibrant heart of Coral Gables, the location offers a mix of urban convenience and picturesque surroundings. The property is surrounded by an array of restaurants, cafes, and boutique shops, providing an enticing array of dining and entertainment options. Nearby, the stunning Vizcaya Museum and Gardens offers a tranquil escape, while the CocoWalk complex presents a dynamic mix of retail and leisure experiences. With its proximity to the Coconut Grove business district and the breathtaking views of Biscayne Bay, this prime location offers the perfect blend of work and play for any business looking to establish a presence in this thriving metropolitan area.


Year Built: 1940
Building Size: 1925sq ft
Lot Size: 0.54 acres


Documents

Offering Memorandum
Elevated Flyer (P)
Deepblocks 8 14 2025.pdf

Map of 2537 SW 37th Ave, Miami, FL, 33133

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.