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Size: 0.13 Acres

0.13 acres in Miami-Dade County, FL

$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.

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Directions

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

Contact Seller
The Keyes Company

License #277000842

Coral Gables, FL

(833) 863-6963

Provided By

The Keyes Company, (833) 863-6963
Source: Homes, MLS# A11745937
Listing last updated: February 28, 2025 at 6:12 AM
Listing last checked: November 24, 2025 at 6:01 AM
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