Prime Mixed-Use Redevelopment Opportunity in Miami

Five-parcel assemblage in Miami offering mixed-use and residential zoning with dual frontage and high visibility for redevelopment.
$5,500,000

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Florida Local Time --:--
MLS #A11841291
Listing Updated: 2026-07-13 18:35:28
Listed By: The Keyes Company

Overview

This unique commercial property at 2537 SW 37th Ave in Miami presents a valuable redevelopment opportunity. The assemblage consists of five parcels, including two fronting SW 37th Avenue zoned for mixed-use development (T6-8-O) and three parcels on SW 25th Terrace zoned for low-density residential use (T3-O). Currently occupied under short-term leases, except one vacant lot, the property offers flexibility for phased or immediate redevelopment. Its dual frontage and strategic location in a rapidly evolving area add to its appeal for developers and investors seeking scale and zoning versatility in Miami's dynamic market.

Property Highlights

Five-parcel assemblage with mixed-use and residential zoning, dual frontage on SW 37th Ave and SW 25th Terrace, short-term leased properties plus one vacant lot, strategic location in Miami, flexible redevelopment options.

Property Details

City: Miami
State: FL
Zip Code: 33133
Address: 2537 SW 37th Ave, Miami FL 33133
Year Built: 1940
Property Type: Commercial Sale
Property Sub Type: Mixed Use
Listing Office Name: The Keyes Company
County: Miami-Dade County
Garage Spaces:
Parking Features:
Interior Features:
Exterior Features:
Waterfront: No
Pool: No
HOA Fee: $0
Annual Tax: $12,933
Days On Market: 326 Days
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.

Property Location

Explore the surrounding area, nearby amenities, and neighborhood access for this property.

2537 SW 37th Ave, Miami FL 33133

About This Neighborhood

Located in a rapidly developing section of Miami, this property benefits from proximity to key transportation routes and urban amenities. The neighborhood is experiencing growth with new commercial and residential projects, contributing to increased demand for mixed-use spaces. Local infrastructure improvements and community enhancements further support the area’s appeal. Residents and businesses enjoy convenient access to shopping, dining, and entertainment options, making this location attractive for future development and long-term community integration.

Walkability & Lifestyle

This Miami location offers walkability to various amenities including restaurants, retail shops, and recreational areas. Proximity to waterfront parks and marinas enhances lifestyle options for residents and visitors. The neighborhood’s evolving urban fabric supports pedestrian-friendly streetscapes and easy access to daily conveniences. Walkability contributes to the property’s appeal for mixed-use development, encouraging vibrant street life and community engagement.

Things To Do Nearby

Residents and visitors enjoy a variety of activities nearby, including dining at diverse restaurants, visiting cultural venues, and engaging in outdoor recreation. The proximity to Miami’s waterfront areas offers boating, fishing, and scenic walks. Local parks and entertainment options provide year-round opportunities for leisure. The area’s dynamic lifestyle supports both residential comfort and commercial vitality, making it an attractive location for redevelopment.

Nearby Schools

The property is situated within reach of several educational institutions offering a range of options for families and residents. Access to quality schools enhances the neighborhood’s attractiveness for residential development. Convenient transportation routes facilitate easy commutes to nearby schools, supporting community growth. The area's educational facilities contribute to a well-rounded environment for residents, aligning with the mixed-use and residential zoning of the property.

Why Buyers Like This Area

Buyers appreciate this assemblage for its zoning versatility, strategic location, and redevelopment potential. The combination of mixed-use and residential parcels allows for creative development solutions tailored to market demands. Dual frontage increases visibility and access, important factors for commercial success. The neighborhood’s growth and infrastructure improvements add value, while short-term leases provide flexibility. Overall, the property aligns well with the needs of developers and investors targeting Miami’s evolving real estate landscape.

Investment Potential

This assemblage offers a compelling opportunity for investors interested in Miami’s evolving real estate market. The mixed-use zoning on two parcels allows for versatile development options, while the residential zoning on the additional parcels provides flexibility for phased projects. The dual frontage enhances visibility and access, increasing the appeal for potential tenants or buyers. Short-term leases currently in place allow for immediate income or redevelopment planning. Its location in a growing area supports long-term interest from developers and investors seeking to capitalize on Miami’s dynamic urban environment.

Rental Income Potential

The existing short-term leases on most parcels provide immediate rental income potential while allowing for redevelopment planning. The property’s zoning and location make it attractive to a range of tenants, from commercial operators to residential renters. Seasonal demand and Miami’s strong rental market contribute to tenant interest. Investors can consider phased redevelopment to balance income generation with property improvements. The dual frontage and high visibility enhance leasing opportunities, supporting a diverse tenant mix and flexible usage scenarios.
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