Your email has been sent.
321 NW 37th St 0.13 Acres of Residential Land Offered at $650,000 in Miami, FL 33127
Investment Highlights
- High-Density Zoned T6-8-O up to 150 units/acre. Prime Location. 1 Blk no of NW 36th St off NW 3rd Ave build up to 6 stories
- Near Miami Hotspots – Wynwood, The Design District, Midtown, Allapattah, Hospitals & Civic Ctr, Downtown Miami, Port of Miami, Miami Intl Airport
Executive Summary
Data Room Click Here to Access
- Operating and Financials
Financial Summary (Actual - 2024) Click Here to Access |
Annual | Annual Per AC |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
Property Facts
1 Lot Available
Lot 22 Blk 44
| Price | $650,000 | Lot Size | 0.13 AC |
| Price Per AC | $5,000,000.00 |
| Price | $650,000 |
| Price Per AC | $5,000,000.00 |
| Lot Size | 0.13 AC |
Prime Commercial Wynwood Norte lot Zoned T68-O 150 units/acre. 5,750 SF. Develop approx 6-story comm-resi mixed-use bldg or motel and bank the long-term income stream during and after developing from billboard lease. Call Today, ask for Steve Epstein
Description
REDUCED to $700K Lot with bonus billboard income. 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 Microunits or Motel. Density 150 units/ac. There is ingress & egress for the billboard operations. Lessee pays utils, is responsible to maintain the lot, keeps $2M prop & liab policy and workman's comp, Lessor is named as co-insured. Lessor pays RE Tax. The Value will be in developing the Lot. The billboard revenue is cash flow bonus while developing. It’s a 0% Vacancy, solid, ongoing, income stream through approx. 09-30-2114 when the ground lease ends. 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,
Property Taxes
| Parcel Number | 01-3124-002-1350 | Total Assessment | $556,600 (2025) |
| Land Assessment | $0 (2025) | Annual Taxes | ($1) |
| Improvements Assessment | $0 (2025) | Tax Year | 2024 Payable 2024 |
Property Taxes
Presented by
321 NW 37th St
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.