321 NW 37th Street Miami, FL 33127

$700,000
Reduced $25,000
0.13
Acres
$700,000
Reduced
$25,000
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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.

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.

  • Neighborhood
  • Type
  • County
    Miami-Dade County
  • Area
    Bay Vista Park
  • Tax Amount
    $10,715
  • Status
    Active
  • Listing #
    A11745937
  • Lot Size
    0.13
  • Listed on site
    128 days
  • Listing Agent Id
    0348217
  • Listing Agent Phone
    305-546-5132

Listed by:
The Keyes Company

Source:
MIAMI MLS

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Property details

Community Features

  • No HOA

Property History

DateDays AgoEventNew Price
Mar 20, 20254 mos agoPrice decreased25,000 (3%)$700,000
Feb 27, 20254 mos agoPrice decreased6,525,000 (90%)$725,000
Feb 27, 20254 mos agoNew on market$7,250,000
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Photo of Rachael Lanzman