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321 NW 37th St

Miami, FL 33127

– beds
– baths
– sqft
5,750 sqft lot
– on site

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

Listing courtesy of MLSM / The Keyes Company

Last checked: Checking… • Last updated Feb 28, 2025 •

MLS# A11745937 —

This property is listed in more than one place. See it here.

The Building

Building Features:

NotApplicable
Direction Faces:

South

Location

Directions:

NW 36th St. to NW 3rd Ave. Go north to NW 37 St turn West to property on north side of the street.

The Property

Parcel Number:

01 31 24 002 1350
Property Type:

Land
Property Subtype:

Residential
Property Subtype Additional:

Residential
Zoning Description:

6100 T68-O
# of Lots:

1
Lot Features:

Other,RectangularLot,LessThanQuarterAcre
Lot Size Area:

5750.0
Lot Size Acres:

0.132
Lot Size SqFt:

5,750 Sqft
Lot Size Units:

SquareFeet
Vegetation:

Grassed, Other
Waterfront:

false
Road Responsibility:

PublicMaintainedRoad
Road Surface Type:

Paved

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Lot:

50 x 115
Tax Annual Amount:

$10,715
Tax Legal Description:

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

The Listing

Virtual Tour Unbranded:

Virtual Tour

Utilities

Utilities:

ElectricityAvailable
Sewer:

PublicSewer,Other
Water Source:

Public,Other

The Community

Subdivision Name:

Bay Vista Park
Development Status:

Other

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
2/27/25 Feb 27, 2025	Price Changed	MLSM	$725,000	-90.0%
2/27/25 Feb 27, 2025	Listed / Active	MLSM	$7,250,000
8/7/24 Aug 7, 2024	Price Changed	MLSM

Land For Sale

$725,000

Price drop −$6,525,000

Listing provided by broker:

Steven Epstein

The Keyes Company

Want a closer look?

Go see 321 NW 37th St

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This land located in Midtown Miami, Miami, FL 33127 is currently for sale for $725,000. 321 NW 37th St is a – square foot land with – beds and – baths that has been on Estately for 0 days. 321 NW 37th St is in the Midtown Miami neighborhood of Miami and has a WalkScore® of 89, making it very walkable. This land is in the attendance area of Eneida M. Hartner Elementary School, Air Base Elementary School, Jose De Diego Middle School, Booker T. Washington Senior High School, and Robert Morgan Educational Center And Technical College.

Listing Courtesy of: MLSM and The Keyes Company.

Based on information from the MLS MIAMI 2025. All information provided is deemed reliable but is not guaranteed and should be independently verified. MLSM, Estately and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. MLSM and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.