FL > Miami > Bay Vista Park
Miami, FL 33127,321 NW 37th St
Miami, FL 33127,321 NW 37th St
Miami, FL 33127,321 NW 37th St
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$725,000
Est. payment /mo
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5,749 Sqft Lot
Active

321 NW 37th St Miami, FL 33127

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Elsa Gil Garcia

Elsa Gil Garcia

LPT Realty

+1(305) 281-0782

UPDATED:

02/27/2025 08:38 PM

Key Details

Property Type Vacant Land

Sub Type Residential

Listing Status Active

Purchase Type For Sale

Subdivision Bay Vista Park

MLS Listing ID A11745602

HOA Y/N No

Annual Tax Amount $9,456

Tax Year 2023

Lot Size 5,749 Sqft

Acres 0.132

Lot Dimensions 50x115

Property Sub-Type Residential

Property Description

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

Location

State FL

County Miami-dade

Community Bay Vista Park

Area 31

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

Exterior

Utilities Available Electricity Available, Other

Street Surface Paved

Private Pool Yes

Building

Lot Description <1 Acre, Other, Rectangular Lot

Sewer Public Sewer, Other

Water Public, Other

Others

Tax ID 01-31-24-002-1350

Ownership Other Ownership

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://www.propertypanorama.com/instaview/mia/A11745602

Listed by The Keyes Company

Learn More About LPT Realty

agent

Elsa Gil Garcia

Realtor® | License ID: 3596104

+1(305) 281-0782

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321 NW 37th St