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

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



Listing courtesy of The Keyes Company 305-443-7423