Mixed-Use Commercial
For Sale
$600,000
321 NW 37 Street, Miami, FL 33127
CommercialSale, Miami, FL
Property SizeContact for details
Lot Size0.13 Acres
Days on Market778
Property Features for 321 NW 37 Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
T68-O
Directions
From NW 36th Street, NW 3rd Ave to NW 37 St West to Property or NW 5th to NW 37 St East to Property on north side of street backing the highway.
Subdivision
OA01 - Out of Area
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
Legal 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
Building Details
Year built
2016
Floors in Building
3
Architectural style
Other
Listing Agency:
The Keyes Company
(239) 373-5300
Listed By:
Steve Epstein · License #277000842
(305) 546-5132
Added: Aug 7, 2024
Changed: Aug 20
Last Checked: Sep 23 at 6:06PM
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.
Investment Insights
Based on property information with market context.
This 0.13-acre commercial land parcel contains a 5,750-square-foot lot in Miami’s Wynwood Norte RDD2 area. T68-O zoning allows development up to 6 stories, with density of 150 units per acre and mixed-use options that include office, commercial and residential micro-units, motel, and other uses by right. The property is being sold as-is, with buyer due diligence required.
An existing billboard is operated by a third party under a long-term lease, providing an ongoing income stream with no vacancy. The billboard operator has ingress and egress, covers utilities and maintenance for the pole area, and carries $2M in property, liability, and workers’ compensation coverage. The site is one block north of NW 36 Street, off NW 3rd Avenue, and three blocks from the Design District and Midtown. Downtown, the Port of Miami, Miami International Airport, hospitals, and the Civic Center are stated to be within 25 minutes.
An existing billboard is operated by a third party under a long-term lease, providing an ongoing income stream with no vacancy. The billboard operator has ingress and egress, covers utilities and maintenance for the pole area, and carries $2M in property, liability, and workers’ compensation coverage. The site is one block north of NW 36 Street, off NW 3rd Avenue, and three blocks from the Design District and Midtown. Downtown, the Port of Miami, Miami International Airport, hospitals, and the Civic Center are stated to be within 25 minutes.
Key Highlights
- 0.13‑acre commercial land parcel with a 5,750‑square‑foot lot
- T68‑O zoning with development up to 6 stories
- Permitted density of 150 units per acre
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
4,804
Businesses Nearby
Explore this area
Business Placement
Demographics for 33127, FL
27,692
Population
11,245
Households
2.5
Avg Household Size
37
Median Age
13%
College-Educated
69%
High-School Grad
3.3 sq mi
ZIP Area
8,392
Density / Sq Mi
$41,125
Median Household Income
$30,240
Median Earnings
$1,394
Median Rent
$398,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Commercial land - T68-O zoning supports mixed-use development with residential, office, motel, and other uses by right.
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 $600,000.
What are key features of this property?
This property features: 0.13‑acre commercial land parcel with a 5,750‑square‑foot lot; T68‑O zoning with development up to 6 stories; Permitted density of 150 units per acre
