321 Nw 37th St, Miami, FL 33127

$600,000

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List Price
$600,000
Price Change
▼ $50,000 1777755103
MLS#
A11745937
Lot Size
5,750
Subtype
Residential
County
Miami-Dade
Community
Bay Vista Park
Subdivision
Bay Vista Park

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.

Additional Information

Front Exposure
South
Status Label
ACTIVE
Lot Description
City Location, Near Seaport, Rock Land, Less Than 1/4 Acre Lot, Other Lot Description, Regular Lot, Cleared, Other
Taxes
$10,715
Utilities
Electricity Connected, Electricity Available
Acres
0.13

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Calculator source: Real Geeks

Listing Courtesy Of The Keyes Company, Contact: