Mixed use property in 321 NW 37th St Miami for sale with MLS# A11745932

NEW $650K Price Looking for Best Offers. Attn Developers, Architects, Builders, Investors. Build up to 6 story Mixed Use Office, Commercial/Residential micro-units or Motel. Zoned T68-O Density 150 units/ac. 5750 SF lot in Wynwood Norte RDD2 1 blk N of NW 36 St off NW 3rd Ave. Plus Income from solid, NO vacancy, long-term billboard lease for the development. 3 Blks from the Design District & Midtown, The Civic Ctr., Hospitals, Downtown, Port of Miami, Miami Intl. are all nearby. There is ingress & egress for the billboard operations. Lessee pays property, liability & workman's comp insurance policies, the utilities & ground maintenance of the pole. Lessor is named co-insured and only pays RE Tax. The Value will be developing the Lot. The billboard revenue is a Plus cash flow. It's a NO Vacancy, solid, ongoing, income stream. Being 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. Billboard is owned & operated by a reputable 3rd party who hold the permit.

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Days on the market

321 NW 37th St, Miami, FL 33127

Price
Price:
$650,000.00
Previous Asking Price:
$700,000.00
Original List Price:
$725,000.00
Business Info
Gross Scheduled Income:
41231
Financial Data Source:
Owner, Other
Lease Details
Lease Term:
Negotiable
Tenant Pays:
Exterior Electric, Exterior Maintenance, Insurance, Other Tax, Fire Insurance
Lease Terms / Move In Requirements:
11 Years Plus Lease, Land Lease, Options Available, Subject to Lease
Property Status and Type
Listing Type:
For Sale
Status:
Active
Listing Category:
Commercial Sale
Property Type:
Mixed Use
MLS Number:
A11745932
Description of Last Important Update:
Price Change
Last Major Update on:
February 2, 2026 2:46 am
Measures
Built-Up Area:
1 Sqft
Lot Area:
5,750 Sqft
Lot Size Dimensions and Info:
50
Lot Size Unit:
Square Feet
Lot Size Acres:
0.132
Property Features
Waterfront:
No
Construction
Number of Buildings:
0
Structure Type:
Other
Road Frontage Type:
City Street
Taxes and Expenses
Tax Annual Amount:
$10,715.00
Tax Year:
2024
Parking
Covered Spaces:
0
Utilities
Sewer:
Public Sewer, Other
Water Source:
Other
Community
Building Name:
Wynwood Norte RDD 2
Senior Community:
No
Terms
Documents Available:
Lease
Disclosures:
Easements
Listing Terms Considered by Seller:
Cash, Conventional, Cryptocurrency
Occupant Type:
Call Agent
Buyer Possession:
Subject To Tenant Rights, Closing And Funding
Lease Considered:
No
Zoning and Legal
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
Real Estate Folio Number (Parcel Number):
01-31-24-002-1350
Zoning Description:
6100 T68-O
Title to the property is held by owner as:
Other Ownership
Listing History
Originally published on:
February 27, 2025 4:29 pm
Active on the market since:
February 12, 2025
Price change occurred on:
February 2, 2026 2:46 am
Listing Status Last Changed On:
February 27, 2025 4:29 pm
Photos updated on:
February 27, 2025 9:42 pm
Last Modified:
February 2, 2026 7:47 am
Additional Information
Property Description:
Billboard Faces 195 & 112
Flood Zone:
X
Municipal Code:
1
Florida Property Assessed Clean Energy (PACE) Program:
0
Subdivision Number:
2
Courtesy of:
The Keyes Company
Attribution:
Not provided
Location
Street Name:
37th St
Street Number:
321
City:
Miami
State:
Florida
Zip Code:
33127
County:
Miami-Dade
Latitude:
N25° 48' 40.4''
Longitude:
W81° 47' 52.8''
Street Direction Prefix:
NW
Property Map

Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $41,125
Median Home Value $398,800
Median Rent $1,394/mo
Median Age 36
Population 27,585

Air Quality

Source: AirNow.gov · Miami

🌬️ Air Quality Index (AQI) 50 Good
☀️ O3 45 Good
🫁 PM2.5 50 Good

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Disclaimer: IDX listing information is presented by Rebonus Brokerage LLC for consumer informational purposes only. The information provided is 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. Data is deemed reliable but is not guaranteed by the MLS or the real estate broker. This page presents structured listing information sourced directly from the MLS via the RESO Web API feed. Rebonus prioritizes maximum field coverage and data completeness, displaying the most granular MLS-provided attributes available.