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2845 SW 37th Ct - Gables Edge Redevelopment Site 2 Unit Apartment Building Offered at $995,000 Miami, FL 33134



INVESTMENT HIGHLIGHTS
- Exceptional location by Coral Gables
- Flood Zone X
- Redevelopment site for two residential units
EXECUTIVE SUMMARY
This property is an existing duplex situated within the T3-O zoning district, a residential transect that supports low-intensity, neighborhood-scale living. The current structure contains two legal living units, consistent with its building use classification and its Residential existing land-use designation.
The Municipal Future Land Use for the site is Duplex – Residential, confirming that continued use as a two-unit residential property aligns with long-term planning objectives. The site benefits from permitted Duplex Residential use, with no special waivers required other than allowance for Disabled Active Frontage, and is governed by development standards that protect neighborhood character while allowing reasonable reinvestment or improvement.
Within these parameters, the existing duplex conforms well to zoning expectations, and the site allows flexibility for renovation, expansion, or continued operation as a two-residence structure. The regulatory framework supports modest intensification while ensuring compatibility with the surrounding residential neighborhood. As a result, the highest and best use of the property remains its current configuration as a two-unit residential dwelling, fully aligned with both zoning entitlements and future land-use policy.
The Municipal Future Land Use for the site is Duplex – Residential, confirming that continued use as a two-unit residential property aligns with long-term planning objectives. The site benefits from permitted Duplex Residential use, with no special waivers required other than allowance for Disabled Active Frontage, and is governed by development standards that protect neighborhood character while allowing reasonable reinvestment or improvement.
Within these parameters, the existing duplex conforms well to zoning expectations, and the site allows flexibility for renovation, expansion, or continued operation as a two-residence structure. The regulatory framework supports modest intensification while ensuring compatibility with the surrounding residential neighborhood. As a result, the highest and best use of the property remains its current configuration as a two-unit residential dwelling, fully aligned with both zoning entitlements and future land-use policy.
PROPERTY FACTS
| Price | $995,000 | Apartment Style | Townhome |
| Price Per Unit | $497,500 | Building Size | 1,829 SF |
| Sale Type | Investment | No. Stories | 1 |
| No. Units | 2 | Year Built | 1949 |
| Property Type | Multifamily | ||
| Zoning | T-3 - https://map.gridics.com/us/fl/miami?folio=0141170030140#18/25.73777/-80.254838/0/45 | ||
| Price | $995,000 |
| Price Per Unit | $497,500 |
| Sale Type | Investment |
| No. Units | 2 |
| Property Type | Multifamily |
| Apartment Style | Townhome |
| Building Size | 1,829 SF |
| No. Stories | 1 |
| Year Built | 1949 |
| Zoning | T-3 - https://map.gridics.com/us/fl/miami?folio=0141170030140#18/25.73777/-80.254838/0/45 |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 2 | - | - |
1 1
Walk Score®
Very Walkable (83)
Bike Score®
Very Bikeable (74)
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2845 SW 37th Ct - Gables Edge Redevelopment Site
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