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321 NW 37th St
Miami, FL 33127 Miami Design District

$700,000 USD

Land For Sale  •  0.13 AC

Property Details

  • Property Type Land
  • Lot Size 0.13 AC
  • Zoning T68-O
54 Transit Score
86 Walk Score

Description

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,

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

Property Flyers

Public Transportation

Commuter RailDriveWalkDistance
Allapattah (Metrorail Green Line - Miami-Dade Transit (Metrorail/Metromover)) 4 min 19 min 1.0 mi
Santa Clara (Metrorail Green Line - Miami-Dade Transit (Metrorail/Metromover)) 5 min - 1.9 mi
Transit/SubwayDriveWalkDistance
Allapattah (Metrorail Green Line - Miami-Dade Transit (Metrorail/Metromover)) 4 min 19 min 1.0 mi
AirportDriveWalkDistance
Miami International 21 min - 9.7 mi
Fort Lauderdale/Hollywood International 31 min - 20.7 mi
Steven Epstein 305-546-5132 The Keyes Company
Steven Epstein 305-546-5132 The Keyes Company