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Home > Commercial > Residential Land > A11745602



Residential Land
$700,000
$725,000
3%
321 NW 37th St Miami, FL

A11745602

61 of 436 for Sale
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  • Listed On:

    Feb 14, 2025
  • Days on Market:

    166
  • Year:

  • Taxes:

    $10,715 per year
  • Floor Description:

  • Occupancy:

  • Zoning:

  • Parking:

321 NW 37th St Miami, FL 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.

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For Sale Details

  • Net Operating Income

    30516

  • Ownership

    Other Ownership

  • Photo Count

    49

  • Property Type

    Commercial Land

  • SqFt Total

    5750

  • Terms Considered

    All Cash, Conventional

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