Price Reduced 90.34%
Price History
$7,250,000
2/12/2025
$725,000
2/27/2025
$700,000
3/20/2025
321 NW 37th St, Miami, FL, 33127
The property may go to auction soon. If you're interested, act now before multi-bidding. $700K FIRM Nr Design District, Midtown, Civic Ctr & Downtown. Attn Developers, Archs, Bldrs. Investors. Develop 5750 SF lot in Wynwood Norte RDD2 1 blk N of NW 36 St off NW 3rd Ave. Build up to 6 story Mixed Use Comm/Resi maybe more w/entitlements. Density 150 units/ac. Lot coverage footprint approx. 4,600 SF. There is ingress & egress for the BB Co to operate their billboard. Long-term ground lease, 89 yrs approx. remaining. Lessee pays ST, utils, $2M prop & liab policy, Lessor is co-insured. Lessor pays RE Tax. Value is the Buildable Lot; the BB revenue is ongoing while developing, and through lease end approx 09-30-2114. SOLD “AS-IS” cash to Seller, buyer(s) do own due diligence.
Status:
Active
Type:
Land (Residential)
Zoning:
6100 T68-O
Subdivision:
Bay Vista Park
Acreage:
0.13
Est. Taxes:
$10,715
Utilities
Electricity Available
Lot Description:
Other,Rectangular Lot,< 1/4 Acre
Days on Market:
91
MLS #:
A11745937
Community Info
School Info
Walk Score
Yelp
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Listing courtesy of The Keyes Company 305-443-7423