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Commercial Land with Billboard Lease
For Sale
$600,000

321 NW 37th St, Miami, FL 33127

Commercial Sale, Miami, FL

Property SizeContact for details
Lot Size0.13 Acres
Days on Market117

Property Features for 321 NW 37th St

General Information

Property type Commercial Sale
Property subtype Other
Zoning description 6100 T68-O
Directions NW 36th St. to NW 3rd Ave. Go north to NW 37 St turn West to property on north side of the street.
Subdivision 31
Standard status Active
APN 01-31-24-002-1350
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

Utilities

Sewer type Public Sewer
Listing Agency: The Keyes Company
Listed By: Steven Epstein · License #0348217
Added: May 5 Changed: Aug 19 Last Checked: Aug 29 at 4:06PM
MLS# A11745932

Copyright © 2026 Miami REALTORS®. 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 5,750 SF commercial land parcel spans 0.132 acres in Miami’s Wynwood Norte RDD2 area. The site is zoned T68-O with stated density of 150 units/ac and is described as supporting development of up to 6 stories, including mixed-use office, commercial/residential micro-units, or motel concepts. The property is being sold as-is, with buyers responsible for their own due diligence.

An existing billboard lease provides ongoing site income, with no vacancy stated in the property information. The billboard is operated and owned by a third party that holds the permit. The lease places property, liability, and workers’ compensation insurance, utilities, and pole-area maintenance with the lessee; the lessor pays RE Tax. Public sewer service is available.

The parcel is located 1 block north of NW 36 St, off NW 3rd Ave, and 3 blocks from the Design District and Midtown. The Civic Center, hospitals, Downtown, Port of Miami, and Miami International Airport are also identified as nearby.

Key Highlights

  • 5,750 SF commercial land parcel on 0.132 acres
  • T68‑O zoning with stated density of 150 units/ac
  • Development described as up to 6 stories

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Mobile Phone Store Butcher Buffet Adult Day Care Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

4,804
Businesses Nearby

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - T68-O-zoned development site in Wynwood Norte with an existing permitted billboard lease and public sewer service.
Where is this commercial land located?
The property is located at 321 NW 37th St 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: 5,750 SF commercial land parcel on 0.132 acres; T68‑O zoning with stated density of 150 units/ac; Development described as up to 6 stories
More about this property
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