CENTURY 21 Edge

2345 SW 37th Ave, Miami FL 33145, MIAMI, FL, 33145

Active422 days on marketListed Jun 18, 2025MLS #A11817311

AMND PLAT OF MIAMI SUBURB

About this home

2345 SW 37th Ave, Miami FL 33145

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.

Facts & features

The home at a glance

0.369 ac

Lot size

Inside

Outside & construction

Community & fees

Taxes (2024)$19,328/yr

Utilities & systems

UtilitiesElectricity Connected · Other Utilities Available · Sewer Connected · Water Connected · Electricity Available · Other · Sewer Available · Water Available
WaterMunicipal Water

The numbers

What it really costs

Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.

$42,167 /mo · 10% down Conventional, 30-yr fixed at 6%

Principal & interest$37,772
PMI (est., until 20% equity)$2,625
Property tax — 2024 actual bill$1,611
Insurance (FL estimate)$160

The assumptions

Loan typeConventionalDown payment10% · $700,000Loan30-yr fixed at 6%Mortgage insuranceIncludedTaxesActual bill on recordInsuranceFlorida estimate

Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.

These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:

Andrew Acosta

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Run your own numbers

Loan type

FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.

Down payment10% · $700,000
Interest rate6.00%
Loan term

Estimated payment

$42,167/mo

Principal & interest$37,772
PMI (est., until 20% equity)$2,625
Property taxes (actual bill)$1,611
Est. insurance$160

Includes estimated PMI — it drops off once you reach 20% equity. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.

Where it sits

Inside Coral Way

Map of 2345 SW 37th Ave, Miami FL 33145 inside its neighborhood boundary

Get to know Miami. See the full Miami guide →

Coral Way — neighborhood snapshot

Population

40,864

Median age

43

Median income

$83,194

Median home value

$548,495

Avg household

2

Households w/ children

4,292

For the school run

Dade County School District

HighCoral Gables Senior High School★★★★★
ElementaryFrancis S.Tucker K-8 Center★★★★★
MiddlePonce De Leon Middle School★★★★★
District Instructional Center (Dic)
Instructional Center System Wide
Title I Migrant Education Program

School assignments and ratings via edgeAI — always verify with the district.

The numbers that matter

The Miami market

Seller’s marketLeans buyer18.3 months of inventoryBuyer’s market

$508K$590K

Miami median sold, yr/yr

97.6%

Sale-to-list ratio (12 mo)

Median sold price, Miami, trailing 36 months (3-month rolling) · live MLS data.

This home is listed 1767% above the MIAMI 33145 median. See the full Miami market guide →

Paper trail

This home's history

Jun 18, 2025Listed at $7,000,000 · 422 days on market since

Reality check

What actually sold near 2345 SW 37th Ave

Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.

707 Vilabella Ave, Coral Gables FL 33146Sold · Mar ’26

$3,750,000

707 Vilabella Ave, Coral Gables FL 33146

4 bd · 4 ba · 0 DOM

3339 Virginia # 310, Coconut Grove FL 33175Sold · Sep ’25

$507,500

3339 Virginia # 310, Coconut Grove FL 33175

1 bd · 1.5 ba · 26 DOM

2831 S Bayshore Dr # 506, Miami FL 33133Sold · Oct ’25

$950,000

2831 S Bayshore Dr # 506, Miami FL 33133

1 bd · 1 ba · 689 sqft · $1,379/sqft · 239 DOM

Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.

Your home team

The pros in your corner

Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.

Jasmine Ince

Your agent

Jasmine Ince

Real Estate Agent · CENTURY 21 Edge

Tours, negotiation, and every question about 2345 SW 37th Ave — start here.

Andrew Acosta

Your lender

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Pre-approval, rates, and the real monthly number for 2345 SW 37th Ave — before you fall in love.

See it in person

Schedule a tour

Live availability from Jasmine's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.

Straight answers

2345 SW 37th Ave FAQs

What would the monthly payment be for 2345 SW 37th Ave, Miami FL 33145?+

With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $42,167/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.

What are the property taxes on 2345 SW 37th Ave, Miami FL 33145?+

The most recent tax bill on record (2024) was $19,328. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.

How does the price compare to other homes in Miami?+

At $7,000,000, this home is listed about 1048% above the Miami median of $610,000. The market section on this page shows how the area is trending.

Which schools are assigned to 2345 SW 37th Ave, Miami FL 33145?+

Coral Gables Senior High School (high), Francis S.Tucker K-8 Center (elementary), Ponce De Leon Middle School (middle), District Instructional Center (Dic) (), Instructional Center System Wide (), Title I Migrant Education Program () — Dade County School District. Always verify school assignments with the district before relying on them.

Listing courtesy of Compass Florida, LLC. · Ana Cuan. MLS #A11817311.

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Miami Association of REALTORS®.

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