We use technical and analytics cookies to ensure that we give you the best experience to our website
+1 646-431-8072
Back to Search

Multi Family - Wynwood Norte RDD 2 for Sale

321 NW 37TH ST, MIAMI, FL 33127

Asking Price$700,000 Change Price$25,000

Share by:
  • Days on market:

    91 day(s)
  • Original Price:

    $725,000
  • 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
  • Tax Year:

    2024
  • Property Type:

    Multi Family
  • Waterfrontage (sqft):

    50
  • Inclusions:

    Leases, Leases
  • Lease Term Remaining:

    11 Years Plus Lease
  • Special Listing Conditions:

    Sale
  • Lot Features:

    City Location Inside Lot

Description

$700,000

The property may go to auction soon. if you're interested, act now before multi-bidding. $700k firm 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 maybe more w/entitlements. density 150 units/ac. lot coverage footprint approx. 4,600 sf. there is ingress & egress for the bb co to operate their billboard. long-term ground lease, 89 yrs approx. remaining. lessee pays st, utils, $2m prop & liab policy, lessor is co-insured. lessor pays re tax. value is the buildable lot; the bb revenue is ongoing while developing, and through lease end approx. 09-30-2114. sold “as-is” cash to seller, buyer(s) do own due diligence.

Similar Properties in this Area

* MLS is not responsible for the accuracy of the information listed above. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange Program and the MLS and is provided here for consumers` personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than the office owning this website are marked with the IDX logo and detailed information about them includes the name of the listing brokers. Data provided is deemed reliable but not guaranteed. Copyright MLS All rights reserved. Courtesy of One Sotheby's International Realty