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321 NW 37th St Miami, FL 33127

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For Sale
$700,000

5750 SF lot for mixed-use development in Wynwood Norte.

Type:Commercial/Industrial
Lot size:
0.13 Acres
Added:
Mar 11, 2026
Days on Market:
23
Last Refresh:
Mar 27 at 2:55 am

Property Features for 321 NW 37th St

General Information

Standard status
Active
Lot size
0.13 Acres
Property subtype
Commercial/Industrial

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Listing Contact
Steven Epstein
Steven Epstein

Listing agent Steven Epstein License #0348217

Listing office The Keyes Company

Listing date Mar 11, 2026

Source Exitrealty

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of The Keyes Company


Overview

Wynwood Norte Development Opportunity

This 5750 square foot lot in Wynwood Norte presents a development opportunity near the Design District, Midtown, Civic Center, and Downtown. Suited for developers, architects, builders, and investors, the property is zoned RDD2, located one block north of NW 36th Street off NW 3rd Avenue. The site allows for the construction of up to a six-story mixed-use commercial/residential building, subject to entitlements. The allowable density is 150 units per acre, with a lot coverage footprint of approximately 4,600 square feet. The property includes ingress and egress for a billboard company operating on a long-term ground lease with approximately 89 years remaining. The lessee covers state taxes, utilities, and a $2 million property and liability policy, with the lessor as a co-insured. The lessor is responsible for real estate taxes. The billboard revenue provides ongoing income during development and throughout the lease term, which extends to approximately September 30, 2114. The property is sold "AS-IS," and prospective buyers are expected to conduct their own due diligence. The value is in the buildable lot.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Commercial land

Suggested Use

Real Estate Agency Law Firm Dental Office Spa & Massage Center Restaurant Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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  • Local Demand
City
Miami
County
Miami-Dade
State
Florida
Longitude
-80.202
Latitude
25.8112

FAQs

What type of property is this?
Commercial land - 5750 SF lot for mixed-use development in Wynwood Norte.
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 $700,000.
What are key features of this property?
This property features: Prime development opportunity in Wynwood Norte (RDD2) with potential for up to 6‑story mixed‑use commercial/residential building.; Large 5750 SF lot with a high density allowance of 150 units/acre.; Existing long‑term ground lease (approximately 89 years remaining) provides ongoing billboard revenue during and after development.
More about this property
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