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321 NW 37th St
Miami, FL 33127
$700,000
1 Price Changes (-$ 25,000)
Active
48+
$700,000
Active
Bedrooms
Bathrooms
N/A
Half Baths
 
Size Sq. Ft.
27
DOM
321 NW 37th St Miami, FL 33127
Beds, Baths, Mixed Use Sq.Ft.

$700K FIRM!!! Attn Developers, Archs, Bldrs. Investors. Develop 5750 SF lot in Wynwood Norte RDD2 1 blk N of NW 36 St off NW 3rd Av. Nr Design District Midtown & Downtown. Build up to 6 story Mixed Use Comm/Resi bldg., maybe more w/entitlements. Density 150 units/ac. 80% lot coverage footprint approx. 4,600 SF. less Lessor created easement for BB Co to operate in NE cor. w/min setbacks. BB faces I-195 & SR-112. Buyer(s) assumes 99-yr Grd Lease @ closing. Rent = 18% BB revenue sharing, Lessee pays ST, utils, $2M prop & liab policy, Lessor is co-insured. Lessor pays RE Tax. In 2024 NOI $30,516 shows 4.36% Return on Investment (ROI) Cash on Cash $700K (no leverage). Valu is the lot. The BB revenue is a plus. SOLD “AS-IS” cash to Seller, buyer(s) do own due diligence. Call now w/questions.

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Listing Summary
  • Address 321 NW 37th St
  • City Miami
  • County Miami-Dade
  • Zip 33127
  • Price $700,000
  • Status Active
  • Subdivision
  • Pets Allowed No
  • MLS® # A11745932
  • Property Type Commercial Sale
  • Property Sub TypeMixed Use
  • Status Active
  • Square Feet
  • Year Built
  • Waterfront No
  • Maintenance Fees No Info Provided
  • Taxes $10,715
  • Tax Year 2024
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321 NW 37th St
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The data relating to real estate for sale on this web site comes in part from the participating Associations of the Miami Multiple Listing Service. The MLS data provided for the property above (A11745932) is provided courtesy of (The Keyes Company). The information being provided is 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. Information is deemed reliable but not guaranteed. Data last updated on 05-01-2025. IDX powered by Realty Net Media
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