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$15,920,000   Price Analysis
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2340 SW 32nd Ave
Miami, FL 33145
Unknown bed 0 bath unknown SqFt ($0/SqFt)
1.61 acre lot.
Listed 2024-01-26
Ⓧ USDA Ineligible
due to property

near Miami

Introducing the rare opportunity to acquire over 1.6 acres of covered land ripe for re-development in the ultra-prime Coral Gables sub-market of Miami.

Boasting a highly efficient layout with T6-8-O zoning on the majority of the assemblage, the site allws for 167 units by-right and is ideal for a mid-rise project of varying uses (i.e. mixed-use, multi-family, condo, office, hotel and more).

On top of all of that, the sale includes a nearly 18, 000 Sq. Ft. banquet hall and catering kitchen Renaissance at the Gables and a 2, 300 Sq. Ft. duplex that are well-maintained and operational. This allows a developer the flexibility to either develop immediately or play the long game as a covered-land opportunity.


Presented by Jamie Maniscalco at
The Alpha Commercial Advisors LLC.


Property MLS #A11522025 from MiamiMLS

Total Bathrooms: 0

Road Frontage Type: MainThoroughfare

Lot Size Acres: 1.6075069
Lot Size Dimensions: 323x223
Number of Lots: 6
Lot Size Square Feet: 70023

Association: No
Calculated Total Monthly Association Fees: 0

Annual Tax Amount: 67186
Source Listing Status: Active
County: Miami-Dade County
Directions: Conveniently located, the property sits just two blocks to the south of highly trafficked Coral Way (SW 22nd Street) three blocks east of Douglas Road, and about mile from the main Miracle Mile retail corridor of Coral Gables.
Tax Year: 2024
Source Property Type: Land
Source Neighborhood: AMND MIAMI SUBURBAN ACRES
Parcel Number: 01-41-16-009-3710
Postal City: Miami
Postal Code Plus 4: 3142
Subdivision: AMND MIAMI SUBURBAN ACRES
Zoning Description: 6100
Source System Name: C2C

Price Changed 2024-02-19
$15,920,000
MiamiMLS
Listed 2024-01-26
$16,495,000
MiamiMLS

Sewer: PublicSewer
CableAvailable
ElectricityAvailable
NaturalGasAvailable
SewerAvailable
WaterAvailable
Water Source: Public

Coral Gables Senior High School is a public high school located approximately 1.4 miles away.
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Frances S. Tucker Elementary School is a public elementary school located approximately 1.6 miles away.
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Ponce De Leon Middle School is a public middle school located approximately 2.7 miles away.
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Our Lady of Fatima Academy is a private elementary and high school located approximately 0.2 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.