2345 SW 37th Ave, Miami FL 33145, Miami
$7,000,000
Miami, FL, 33145
Property details
- Year built
- 1959
- Type
- Restaurant/Entertainment
- Days on market
- 281
- MLS #
- A11816872
Listing courtesy of Compass Florida, LLC. · 305-213-6255. Listing agent: Ana Cuan. MLS data last updated 2026-06-30.
Description
Exceptional opportunity to purchase a prime redevelopment site just steps from Coral Gables on a corner lot. Under Florida's Live Local Act, this site can accommodate up to 369 units and a 12-story structure. Currently configured as a restaurant, the property is in excellent condition and offers flexible potential for retail, medical, office, or boutique residential use. The offering includes a 2,698 SF building on 16,084 SF of total land across 2 folios—a 10,384 SF main lot and a 5,700 SF adjacent parcel for parking. Located near Miracle Mile, Coral Gables Plaza, and the Loews Hotel, with superb walkability and close proximity to Brickell, Coconut Grove, MIA, US-1, and SR 836. Surrounded by condos, offices, and cultural amenities—this is a rare opportunity in a prime urban corridor.
2345 SW 37th Ave, Miami FL 33145, Miami — for sale, listed for $7,000,000.
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Are sellers cutting prices here?
31% of the 2,427 active listings for sale in miami have reduced their asking price at least once — a direct read on seller flexibility in this segment.
n=2,427 · 2026-07-26 · Methodology
Priced like this listing
The 3 active listings closest in price within the same market segment:
Debut pulse
9 debuts in 1 recorded weeks among listings for sale in miami with entry asking prices $45–$20,500,000 — the supply side of this segment as we observed it.
n=9 · 2026-07-26 · Methodology
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Local market report
Market intelligence recomputed weekly from the full live MLS feed · 2026-07-26 · Methodology
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