321 NW 37th St, Miami, FL 33127

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$700,000

bedrooms

bathrooms

square feet

Acreage

0.132

Open Houses

year built

Full Baths

Half Baths

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$700K FIRM!!! Attn Developers, Archs, Bldrs. Investors. Develop 5750 SF lot in Wynwood Norte RDD2 1 blk N of NW 36 St off NW 3rd Av. Nr Design District Midtown & Downtown. Build up to 6 story Mixed Use Comm/Resi bldg., maybe more w/entitlements. Density 150 units/ac. 80% lot coverage footprint approx. 4,600 SF. less Lessor created easement for BB Co to operate in NE cor. w/min setbacks. BB faces I-195 & SR-112. Buyer(s) assumes 99-yr Grd Lease @ closing. Rent = 18% BB revenue sharing, Lessee pays ST, utils, $2M prop & liab policy, Lessor is co-insured. Lessor pays RE Tax. In 2024 NOI $30,516 shows 4.36% Return on Investment (ROI) Cash on Cash $700K (no leverage). Valu is the lot. The BB revenue is a plus. SOLD “AS-IS” cash to Seller, buyer(s) do own due diligence. Call now w/questions.

Location
Subdivision	Bay Vista Park
County	Miami-Dade
Elementary School	-
Middle School	-
High School	-

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MLS number: A11745937

Listing agent: Steven Epstein #0348217

Listing broker: Keyes Company Realtors (305) 371-3592

Copyright © 2025 MIAMI Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. [source]

Last update: Thursday, March 20 2025 at 5:00 p.m. EDT

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