Douglas Manor For Sale
2756 Sw 37th Ave, Miami, FL 33133

$16,000,000
For Sale
Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker

Details


  • MLS Number:A11761030
  • Virtual Tour: YES
  • List Price: $16,000,000
  • Taxes:$109,660
  • Listing Date:March 11, 2025
  • Days On Market:129

Description


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.

Location


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Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker