Miami, FL 33127 321 NW 37th St
$700,000



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Presented By: This listing is courtesy of The Keyes Company;
Home Details
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.
Presented By: This listing is courtesy of The Keyes Company;
Interior Features for 321 NW 37th St
Bathrooms
Total Baths
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NNo
General for 321 NW 37th St
Additional Parcels Y/NNo
Attached Garage No
Building NameWynwood Norte RDD 2
Carport Y/NNo
CityMiami
CountyMiami-Dade
DirectionsNW 36th St. to NW 3rd Ave. Go north to NW 37 St turn West to property on north side of the street.
DisclosuresEasements
Electric On Property Y/NNo
Garage Y/NNo
Gross Income41231.0
HOANo
Home Warranty Y/NNo
Insurance Expense0.0
Land Lease Y/NYes
Lease Considered Y/NNo
Lease Renewal Y/NNo
Legal DescriptionBAY 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
Listing TermsCash, Conventional, Cryptocurrency
Lot Size Square Feet5750.0
Lot Size UnitsSquareFeet
MLS Area31
MaintenanceExpense0.0
MobileHomeRemainsYNNo
Net Operating Income30516.0
New ConstructionNo
Occupancy TypeCallAgent
Ok to LeaseNegotiable
Operating Expense10715.0
OwnershipOther Ownership
PossessionClosingAndFunding, SubjectToTenantRights
PostalCityMiami
Property Attached Y/NNo
Property SubtypeMixedUse
Property TypeCommercialSale
Rent Control Y/NNo
Senior Community Y/NNo
SewerPublicSewer, Other
Showing InstructionsOther Showing Instruction, See Broker Remarks
Standard StatusActive
StatusActive
Structure TypeOther
Tax Annual Amount10715.0
Tax Year2024
Tenant PaysExteriorElectric, ExteriorMaintenance, FireInsurance, Insurance, OtherTax
Trash Expense0.0
Virtual TourClick here
Zoning Description6100 T68-O
Exterior for 321 NW 37th St
Building Area Total1.0
Covered Spaces0.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Dimensions50
Lot Size Acres0.132
Lot Size Area5750.0
Number of Buildings0
Open Parking Y/NNo
Private PoolNo
Road Frontage TypeCityStreet
SpaNo
Water SourceOther
Waterfront Y/NNo
Additional Details
Price History

Domingo Javier Salgado
Realtor / Public Notary