321 37th Street, Miami, FL 33127

$600,000 — Active

Property Features

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NEW $600K Price rock bottom. Attn Developers, Architects, Builders, Investors. Build up to 6 story Mixed Use Office, Commercial/Residential micro-units or Motel. Zoned T68-O Density 150 units/ac. 5750 SF lot in Wynwood Norte RDD2 1 blk N of NW 36 St off NW 3rd Ave. Plus Income from solid, NO vacancy, long-term billboard lease for the development. 3 Blks from the Design District & Midtown, The Civic Ctr., Hospitals, Downtown, Port of Miami, Miami Intl. are all nearby. There is ingress & egress for the billboard operations. Lessee pays property, liability & workman’s comp insurance policies, the utilities & ground maintenance of the pole. Lessor is named co-insured and only pays RE Tax. The Value will be developing the Lot. The billboard revenue is a Plus cash flow. It’s a NO Vacancy, solid, ongoing, income stream. Being SOLD “AS-IS” all cash to Seller, buyer(s) to do your own due diligence. Seller has some information available regarding your due diligence with a signed NDA. Call, text or email today. Thank you for your time. Billboard is owned & operated by a reputable 3rd party who hold the permit.

▼ Price Reduced — originally listed at $725,000

Property Details

  • Listing ID: A11745602
  • Status: Active
  • Listing Date: 2025-02-12
  • Property Type: Unimproved Land
  • Subdivision: Bay Vista Park
  • County: Miami-Dade
  • MLS Area: 2310
  • Bedrooms: 0
  • Full Bathrooms: 0
  • Living Area Sq Ft: N/A
  • Lot Dimensions: 50 x 115

Financial

  • List Price: $600,000
  • Original List Price: $725,000
  • HOA Fee: None
  • Taxes: $10,715/yr

Features & Amenities

Courtesy of The Keyes Company
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RAPB

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