321 Nw 37th St, Miami, FL 33127
- $600,000
- List Price
- $600,000
- Price Change
- ▼ $50,000 1777755103
- MLS#
- A11745932
- Status
- ACTIVE
- Type
- Commercial
Property Description
NEW $600K Price rock bottom. 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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Additional Information
- Days on Market
- 575
- Tax Amount
- $10,715
- Water Access
- Leases, Leases
- Parcel Number
- 01-31-24-002-1350
- Lot Size
- 5,750
- Directions
- NW 36th St. to NW 3rd Ave. Go north to NW 37 St turn West to property on north side of the street.
- Address
- 321 Nw 37th St, Miami
- Section
- 24
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Listing Courtesy of The Keyes Company, Contact: