321 NW 37 Street Miami, FL 33127
- Added:
- Aug 7, 2024
- Days on Market:
- 632
- Last Refresh:
- Apr 30 at 6:06 am
Property Features for 321 NW 37 Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active
- APN
- 01-3124-002-1350
- Lot size
- 0.13 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Description
- BAY VISTA PK PB 5-47 LOT 22 BLK 44 & 15FT OF ALLEY LYG N & ADJ CLOSED PER ORD 13492 LOT SIZE 5750 SQ FT M/L
- Tax Annual Amount
- 10715
Building Details
- Year built
- 2016
- Floors in Building
- 3
- Architectural style
- Other
Listing agent Steve Epstein License #277000842 (305) 546-5132
Listing office The Keyes Company 12995 S Cleveland Ave., Fort Myers, FL (239) 373-5300
Listing date Aug 7, 2024
MLS# 224065317
Copyright © 2026 Florida Gulf Coast Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Overview
Wynwood Norte Development Opportunity
This 5,750 square foot lot, zoned T68-O with a density of 150 units per acre, is located in Wynwood Norte RDD2, one block north of NW 36th Street off NW 3rd Avenue. The property allows for the construction of up to a 6-story mixed-use building, office space, micro-units, or a motel. The site benefits from a long-term billboard lease, providing ongoing income with no vacancy. The billboard is owned and operated by a third party who holds the permit. The tenant covers property and liability insurance, workman's compensation, utilities, and maintenance of the pole area, and names the lessor as co-insured. The lessor covers real estate taxes. The property is situated three blocks from the Design District and Midtown, and is also near the Civic Center, hospitals, Downtown, the Port of Miami, and Miami International Airport, all within 25 minutes. The value lies in developing the lot, with the billboard revenue providing positive cash flow. The property is being sold "AS-IS" all cash to the seller, and buyers are to conduct their own due diligence.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Commercial land
Location Insight
- Map
- Local Demand
- City
- Miami
- County
- Miami-Dade
- State
- Florida
- Longitude
- -80.201971
- Latitude
- 25.811243
Nearby Similar for Sale
FAQs
What type of property is this?
Commercial land - Mixed-use development site in Wynwood Norte with income-producing billboard.
Where is this commercial land located?
The property is located at 321 NW 37 Street Miami, FL.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Zoned T68‑O: Develop a 6‑story mixed‑use building (office, commercial/residential micro‑units, motel, etc.) with a density of 150 units/acre.; Located in Wynwood Norte RDD2, near Design District, Midtown, Civic Center, Hospitals, Downtown, Port of Miami, and Miami International Airport.; Existing billboard lease provides immediate, positive cash flow.
