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INVESTMENT HIGHLIGHTS
- Former bank branch with existing drive-thru lanes.
- Existing vault room and teller infrastructure
- Quick access to SR-836, Coral Gables, and Brickell
- High-visibility location near Flagler Street.
- Dense infill area with strong residential base
EXECUTIVE SUMMARY
Positioned in the heart of Miami’s dynamic urban core, 102 NW 37th Avenue offers a rare opportunity to acquire a highly visible commercial property ideal for a variety of uses. This former free-standing bank branch sits on a 0.34-acre parcel and features a 3,747 SF building with existing drive-thru lanes, a small second-floor mezzanine office, and a well-designed surface parking layout. The property’s infrastructure includes a vault room, teller lines, and professional office build-out, making it an excellent candidate for financial services, medical offices, retail, or adaptive reuse concepts.
Strategically located along NW 37th Avenue (Douglas Road), just two blocks from Flagler Street, the site benefits from heavy daily traffic and a dense residential base. Prominent signage opportunities on this major north–south corridor ensure maximum exposure for any business. Connectivity is exceptional, with quick access to SR-836, Coral Gables, Brickell, and Miami International Airport, placing the property at the center of Miami’s thriving commercial and residential districts.
Surrounding amenities include Magic City Casino, Publix, Starbucks, CVS, and UHealth Urgent Care, creating a vibrant environment for both employees and customers. Whether you envision a retail showroom, medical clinic, or professional office, this property delivers unmatched visibility and convenience in one of Miami’s most sought-after neighborhoods.
Strategically located along NW 37th Avenue (Douglas Road), just two blocks from Flagler Street, the site benefits from heavy daily traffic and a dense residential base. Prominent signage opportunities on this major north–south corridor ensure maximum exposure for any business. Connectivity is exceptional, with quick access to SR-836, Coral Gables, Brickell, and Miami International Airport, placing the property at the center of Miami’s thriving commercial and residential districts.
Surrounding amenities include Magic City Casino, Publix, Starbucks, CVS, and UHealth Urgent Care, creating a vibrant environment for both employees and customers. Whether you envision a retail showroom, medical clinic, or professional office, this property delivers unmatched visibility and convenience in one of Miami’s most sought-after neighborhoods.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Bank
Building Size
7,628 SF
Building Class
B
Year Built
1978
Price
$2,450,000
Price Per SF
$321.19
Tenancy
Single
Building Height
2 Stories
Building FAR
0.51
Lot Size
0.34 AC
Zoning
C-1 - Retail, personal services, offices, and limited commercial uses in neighborhood centers.
Parking
16 Spaces (2.1 Spaces per 1,000 SF Leased)
Frontage
103’ on NW 37th Ave
AMENITIES
- Pylon Sign
- Signage
- Drive Thru
Walk Score®
Very Walkable (83)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 01-4105-006-0450 | Improvements Assessment | $380,512 |
| Land Assessment | $1,275,000 | Total Assessment | $1,655,512 |
PROPERTY TAXES
Parcel Number
01-4105-006-0450
Land Assessment
$1,275,000
Improvements Assessment
$380,512
Total Assessment
$1,655,512
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