Price Reduced 17.24%

$600,000

Est. Mortgage $2,995/mo *

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Price History

$725,000
2/12/2025

$700,000
3/20/2025

$650,000
2/2/2026

$600,000
5/2/2026

321 NW 37th St, Miami, FL, 33127

321 NW 37th St, Miami, FL, 33127
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NEW $600K Price rock bottom. Attn Developers, Architects, Builders, Investors. Build up to 6 story Mixed Use Office, Commercial/Residential micro-units or Motel. Zoned T68-O Density 150 units/ac. 5750 SF lot in Wynwood Norte RDD2 1 blk N of NW 36 St off NW 3rd Ave. Plus Income from solid, NO vacancy, long-term billboard lease for the development. 3 Blks from the Design District & Midtown, The Civic Ctr., Hospitals, Downtown, Port of Miami, Miami Intl. are all nearby. There is ingress & egress for the billboard operations. Lessee pays property, liability & workman’s comp insurance policies, the utilities & ground maintenance of the pole. Lessor is named co-insured and only pays RE Tax. The Value will be developing the Lot. The billboard revenue is a Plus cash flow. It’s a NO Vacancy, solid, ongoing, income stream. Being SOLD “AS-IS” all cash to Seller, buyer(s) to do your own due diligence. Seller has some information available regarding your due diligence with a signed NDA. Call, text or email today. Thank you for your time. Billboard is owned & operated by a reputable 3rd party who hold the permit.

Status:

Active

Type:

Commercial

Zoning:

6100 T68-O

Acreage:

0.13

Est. Taxes:

$10,715

Days on Market:

447

Lease Term Type:

Negotiable

MLS #:

A11745932

Community Info

School Info

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Listing courtesy of The Keyes Company 305-443-7423