321 NW 37th St, Miami FL 33127,Miami,Miami-Dade County,Commercial Sale

  • $725,000
Commercial Sale Active
321 NW 37th St, Miami FL 33127
43 More
Commercial Sale Active
321 NW 37th St, Miami FL 33127,Miami,Miami-Dade County,Commercial Sale
321 NW 37th St, Miami FL 33127
  • $725,000

Overview

  • Mixed Use
  • Property Type

Description

NEW PRICE $725K! Attn Developers, Archs, Bldrs etc. Develop 5750 SF lot in Wynwood Norte RDD2 1 blk N of NW 36 St off NW 3rd Av. Nr Des Dist DT & Midtown. 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. BB in NE cor. w/min setbacks, faces I-195 & SR-112. Buyer(s) assume 99-yr Grd Lease @ close. Rent = 18% of BB revenue, Lessee pays ST, utils, $2M prop & liab policy, Lessor is a co-insured. Lessor pays RE Tax. 2023 & 2024 NOI aver $26,182.24 = 3.61% ROI Cash on Cash @ $725K (no leverage). Valu is the lot. The BB revenue is a bonus. SOLD “AS-IS” cash to Seller, buyer(s) do own due diligence. Make your highest & best offer(s) now. Call w/questions

Address

Open on Google Maps
  • Address 37th St
  • City Miami
  • State/county Miami-Dade County
  • Zip/Postal Code 33127

Details

Updated on February 28, 2025 at 4:22 am
  • Price: $725,000
  • Land Area: 0.132 Square Feet
  • Property Type: Mixed Use
  • Property Status: Commercial Sale

Additional details

  • StreetDirPrefix: NW
  • PublicSurveyRange: 31
  • ShowingInstructions: Other Showing Instruction,See Broker Remarks
  • ListAgentKey: 9fb6a45cd1ee9aa648186384c5707e57
  • TaxLegalDescription: BAY VISTA PK PB 5-47 LOT 22 BLK 44 & 15FT OF ALLEY LYG N & ADJ CLOSED PER ORD 13492 LOT SIZE 5750 SQ FT M/L
  • OnMarketDate: 2025-02-12
  • ListAgentEmail: [email protected]
  • ContractStatusChangeDate: 2025-02-12
  • MajorChangeTimestamp: 2025-02-27T21:29:45.073Z
  • PhotosCount: 48
  • StatusChangeTimestamp: 2025-02-27T21:29:45.073Z
  • SecurityFeatures: No Fire Protection
  • FinancialDataSource: Other Source Of Expenses,Owner Provided
  • BuildingName: Wynwood Norte RDD 2
  • PriceChangeTimestamp: 2025-02-15T19:43:39.327Z
  • ListingKeyNumeric: 407254825
  • MajorChangeType: New
  • ListingContractDate: 2025-02-12
  • Zoning: 6100 T68-O
  • ListAOR: A-Miami Association of REALTORS
  • TaxAnnualAmount: 10715
  • ListOfficeName: The Keyes Company
  • CurrentUse: Commercial Lease
  • OriginatingSystemKey: miamire
  • BusinessType: Other Type
  • PhotosChangeTimestamp: 2025-02-27T21:34:26.794Z
  • RoadFrontageType: City Street
  • OriginatingSystemName: Miami Association of REALTORS®
  • ListOfficePhone: 305-443-7423
  • MlsStatus: Active
  • StreetNumber: 321
  • LeaseTerm: 11 Years Plus Lease
  • ListingKey: 5b4fd90c3ed41fde75440b8784b76faa
  • StateOrProvince: FL
  • FrontageLength: 50
  • ListOfficeKey: f61df64abeb3bd2bc4404a2a9fb31001
  • Directions: NW 36th St. to NW 3rd Ave. Go north to NW 37 St turn West to property on north side of the street.
  • BridgeModificationTimestamp: 2025-02-28T02:04:57.316Z
  • ListAgentFullName: Steven Epstein
  • ListAgentOfficePhone: 305-443-7423
  • ParcelNumber: 01-31-24-002-1350
  • ListingTerms: Land Lease,Options Available,Subject To Lease,All Cash,Conventional/Refinance,Cryptocurrency
  • OtherExpense: 0
  • Possession: Funding,Rental Agreement
  • LeaseConsideredYN: 1
  • IDXParticipationYN: 1
  • InternetAddressDisplayYN: 1
  • ListAgentMlsId: 0348217
  • WaterSource: Other
  • LotSizeDimensions: 50x115
  • ModificationTimestamp: 2025-02-28T02:00:15.680Z
  • OriginatingSystemID: miamire
  • LandLeaseYN: 1
  • DaysOnMarket: 15
  • ListOfficeMlsId: KEYE41
  • Inclusions: Leases
  • ListAgentDirectPhone: 305-546-5132
  • StreetNumberNumeric: 321
  • PostalCodePlus4: 3139
  • NumberOfUnitsInCommunity: 0
  • Sewer: Other,Public Sanitation
  • SyndicationRemarks: NEW PRICE $725K! Attn Developers, Archs, Bldrs etc. Develop 5750 SF lot in Wynwood Norte RDD2 1 blk N of NW 36 St off NW 3rd Av. Nr Des Dist DT & Midtown. 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. BB in NE cor. w/min setbacks, faces I-195 & SR-112. Buyer(s) assume 99-yr Grd Lease @ close. Rent = 18% of BB revenue, Lessee pays ST, utils, $2M prop & liab policy, Lessor is a co-insured. Lessor pays RE Tax. 2023 & 2024 NOI aver $26,182.24 = 3.61% ROI Cash on Cash @ $725K (no leverage). Valu is the lot. The BB revenue is a bonus. SOLD “AS-IS” cash to Seller, buyer(s) do own due diligence. Make your highest & best offer(s) now. Call w/questions
  • ListAgentStateLicense: 0348217
  • PublicSurveyTownship: 31
  • StreetName: 37th St
  • ListOfficeFax: 786-464-9168
  • ListingAgreement: Exclusive Right To Sell
  • PublicSurveySection: 24
  • SpecialListingConditions: Sale
  • NumberOfBuildings: 0
  • OriginalListPrice: 725000
  • BuildingAreaUnits: Square Feet
  • InternetEntireListingDisplayYN: 1
  • TaxYear: 2024
  • BuildingFeatures: Automobile Traffic,Heavy Traffic
  • OriginalEntryTimestamp: 2025-02-27T21:29:45.073Z
  • SourceSystemKey: 407254825
  • Ownership: Other Ownership
  • LotFeatures: City Location,Inside Lot
  • LotSizeSquareFeet: 5750
  • TenantPays: Exterior Electric,Fire Liability Insurance,Outside Insurance,Exterior Maintenance,Sales Tax
  • BuildingAreaTotal: 1

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