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321 NW 37th St 0.13 Acres of Residential Land Offered at $976,640 CAD in Miami, FL 33127

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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, Civic Ctr & Downtown Miami

EXECUTIVE SUMMARY

REDUCED to $700K Lot with bonus billboard income. Act now before multi-bidding. 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 ST, utils, $2M prop & liab policy, Lessor is co-insured. Lessor pays RE Tax. The Value will be in developing the Lot. The billboard revenue is the cash flow bonus while developing. Then 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,

DATA ROOM Click Here to Access

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

ANNUAL (CAD) ANNUAL PER AC (CAD)
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 (CAD)
Annual $99,999
Annual Per AC $9.99
Other Income (CAD)
Annual -
Annual Per AC -
Vacancy Loss (CAD)
Annual -
Annual Per AC -
Effective Gross Income (CAD)
Annual $99,999
Annual Per AC $9.99
Taxes (CAD)
Annual $99,999
Annual Per AC $9.99
Operating Expenses (CAD)
Annual $99,999
Annual Per AC $9.99
Total Expenses (CAD)
Annual $99,999
Annual Per AC $9.99
Net Operating Income (CAD)
Annual $99,999
Annual Per AC $9.99

PROPERTY FACTS

Price $976,640 CAD
Sale Type Investment
Sale Condition Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use
Commercial
  • Retail
  • Office
  • Mixed Use
  • Multifamily
  • Hospitality
  • Daycare Centre
  • Fast Food
  • Motel
Total Lot Size 0.13 AC
Zoning T68-O - T68-O Miami-21 liberal Comm-Res mixed-use. Density 150 units/acre build up to 6-stories. Get Bonus Income from the BB Co while developing. Call Today

1 LOT AVAILABLE

Lot 22 Blk 44

Price $976,640 CAD
Price Per AC $7,512,615.46 CAD
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

Walk Score®
Very Walkable (86)
Bike Score®
Very Bikeable (76)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
01-3124-002-1350
Land Assessment
$0 CAD (2025)
Improvements Assessment
$0 CAD (2025)
Total Assessment
$777,526 CAD (2025)
Annual Taxes
-$1 CAD
Tax Year
2024 Payable 2024
  • Listing ID: 34939347

  • Date on Market: 2025-02-25

  • Last Updated:

  • Address: 321 NW 37th St, Miami, FL 33127

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