FL > Miami > Bay Vista Park
Miami, FL 33127,321 NW 37th St
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Miami, FL 33127,321 NW 37th St
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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Amit Bhuta

Amit Bhuta

+1(305) 439-3031
$ 700,000
Est. payment /mo
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Price Dropped by $25K

321 NW 37th St Miami, FL 33127

5,749 Sqft Lot

UPDATED:

Key Details

Property Type Vacant Land

Sub Type Residential

Listing Status Active

Purchase Type For Sale

Subdivision Bay Vista Park

MLS Listing ID A11745937

HOA Y/N No

Annual Tax Amount $10,715

Tax Year 2024

Lot Size 5,749 Sqft

Acres 0.132

Property Sub-Type Residential

Property Description

$700K FIRM!!! Attn Developers, Archs, Bldrs. Investors. Develop 5750 SF lot in Wynwood Norte RDD2 1 blk N of NW 36 St off NW 3rd Av. Nr Design District Midtown & Downtown. 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 in NE cor. w/min setbacks. BB faces I-195 & SR-112. Buyer(s) assumes 99-yr Grd Lease @ closing. Rent = 18% BB revenue sharing, Lessee pays ST, utils, $2M prop & liab policy, Lessor is co-insured. Lessor pays RE Tax. In 2024 NOI $30,516 shows 4.36% Return on Investment (ROI) Cash on Cash $700K (no leverage). Valu is the lot. The BB revenue is a plus. SOLD “AS-IS” cash to Seller, buyer(s) do own due diligence. Call now 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.

Exterior

Utilities Available Electricity Available

Street Surface Paved

Private Pool Yes

Building

Lot Description Other, Rectangular Lot, < 1/4 Acre

Faces South

Sewer Public Sewer, Other

Water Public, Other

Others

Tax ID 01-31-24-002-1350

Acceptable Financing Cash, Conventional, Cryptocurrency, Other

Listing Terms Cash, Conventional, Cryptocurrency, Other

Virtual Tour https://www.propertypanorama.com/instaview/mia/A11745937

Listed by The Keyes Company
agent

Amit Bhuta

Agent | COMP3088610

+1(305) 439-3031

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321 NW 37th St

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