Attention Developers, Architects, Builders, and Investors! This prime 5,750 SF (0.132 acres) commercial lot in Wynwood Norte RDD-2 presents an unmatched redevelopment opportunity in one of Miami’s most sought-after areas. Located at 321 NW 37th St, Miami, FL 33127, just one block north of NW 36th St off NW 3rd Ave, this property is zoned T6-8-O, allowing for 8 stories by right and potentially up to 12 stories with entitlements. The density of 150 units per acre and 80% lot coverage allow for 40-60 residential, hotel, or mixed-use units, making it a high-potential investment in Miami’s booming commercial landscape.
The billboard on the NE corner facing I-195 & SR-112 is NOT included in the sale, with the buyer assuming the lease at closing. This high-exposure location sits near Wynwood, the Design District, and Midtown, offering excellent visibility and accessibility. Property values are soaring, with a 2024 market value of $661,250, up from $460,000 in 2023, reflecting high demand and appreciation potential.
?? No survey available. Financials provided with NDA. Sold AS-IS, cash to seller. Buyer must conduct due diligence. Sellers are inviting offers—submit your highest & best today! Don’t miss out on this high-value development opportunity in one of Miami’s hottest districts!