For Sale
$1,875,000

1353 37Th AveMiami, FL 33145

Two adjacent duplexes, prime redevelopment potential.

Overview

Added:
Dec 11, 2024
Days on market:
118
Exceptional investment opportunity in Miami, Florida, presenting two adjacent duplex properties located at 1353 and 1365 SW 37th Avenue, Miami, FL 33145. This combined property boasts a substantial 12,360 square foot lot, zoned T5-O, offering significant redevelopment potential. The zoning allows for the construction of up to 18 residential apartment units, presenting a compelling opportunity for increased density and rental income. The properties are situated in Miami-Dade County and offer a combined adjusted square footage of 2,696 square feet. One duplex, built in 1948, features 1,100 adjusted square feet, while the other, constructed in 1953, offers 1,596 adjusted square feet. Each duplex sits on a 6,180 square foot lot. The asking price for this combined property is $1,875,000. This represents a unique chance to acquire a substantial land parcel in a desirable Miami location, ideal for an investor seeking to capitalize on the city's robust multifamily market and create a significant return on investment through redevelopment. The single-story buildings present a blank canvas for a modern, high-density residential project. This is a rare opportunity to acquire a large parcel in a rapidly developing area of Miami.

Property Details for 1353 37Th Ave

Property type
Apartment buildings, Small apartment buildings
Year Built
1948
Stories
1

Location Insight

City
Miami
County
Miami-Dade
State
Florida
Latitude
25.7593484
Longitude
-80.2547135
1353 37Th Ave, Miami, Florida

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1353 37Th Ave
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