How much is 321 NW 37th Street?

321 NW 37th Street is listed at $600,000. Ask for the rent roll, the existing leases and the operating statements: for an income property those, more than the asking price, show what the building is worth.

What is the cap rate on 321 NW 37th Street?

The listing reports net operating income of $30,516 a year, a cap rate of about 5.1% at the $600,000 asking price. Seller-reported income is a starting point: verify it against the rent roll, the leases and the operating statements during due diligence.

What is 321 NW 37th Street zoned?

The listing reports zoning of 6100 T68-O. Permitted uses, parking and signage are set by the city or county zoning code, so confirm your intended use with the local zoning office before you close.

How big is 321 NW 37th Street?

The listing reports 1 square feet of building.

What are the property taxes on 321 NW 37th Street?

The listing reports annual property taxes of $10,715 for 2024. Florida reassesses a non-homestead property after it sells, so budget for the new owner's bill rather than the current one.

How do I tour 321 NW 37th Street?

Request a tour from this page or call BreakThru Realty. A licensed agent will arrange access with the listing broker and ask for what the listing leaves out, such as the rent roll, the leases and the operating statements.

321 NW 37th Street, Miami, FL 33127

$600,000 · Mixed-Use for sale

Property type: Mixed Use
Asking price: $600,000
Building size: 1 sq ft
Lot size: 5,750 sq ft
Zoning: 6100 T68-O
Net operating income: $30,516/yr
Cap rate: 5.1%
Tenant pays: Electricity, Exterior Maintenance, Insurance, Taxes, Exterior Electric, Outside Insurance, Sales Tax, Fire Liability Insurance, Maintenance
Parcel ID: 0131240021350
MLS#: A11745932

About this property

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.

Building Features and Utilities

Sewer Available

Operating Statement

Gross scheduled income	$41,231/yr
Gross income	$41,231/yr
Property taxes	$10,715/yr
Other	$10,715/yr
Net operating income	$30,516/yr
Cap rate at asking price	5.1%

Income and expenses as the seller entered them in the MLS, not verified. A buyer's lender underwrites from the actual statements and the property tax and insurance a new owner will pay.

About the Business at 321 NW 37th Street

Included: Leases

Presented by

BreakThru Realty · (786) 914-1017

Courtesy of

The Keyes Company · keyes220@keyes.com · Listing agent: Steven C Epstein

All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by BeachesMLS. Listings held by brokerage firms other than BreakThru Realty carry the name of the listing broker.

Request a tour or more information

Call or text BreakThru Realty at (786) 914-1017 or email sales@breakthrurealty.com to tour 321 NW 37th Street or to ask for what the listing leaves out: the rent roll, the leases and the operating statements.

Questions About 321 NW 37th Street

How much is 321 NW 37th Street?: 321 NW 37th Street is listed at $600,000. Ask for the rent roll, the existing leases and the operating statements: for an income property those, more than the asking price, show what the building is worth.
What is the cap rate on 321 NW 37th Street?: The listing reports net operating income of $30,516 a year, a cap rate of about 5.1% at the $600,000 asking price. Seller-reported income is a starting point: verify it against the rent roll, the leases and the operating statements during due diligence.
What is 321 NW 37th Street zoned?: The listing reports zoning of 6100 T68-O. Permitted uses, parking and signage are set by the city or county zoning code, so confirm your intended use with the local zoning office before you close.
How big is 321 NW 37th Street?: The listing reports 1 square feet of building.
What are the property taxes on 321 NW 37th Street?: The listing reports annual property taxes of $10,715 for 2024. Florida reassesses a non-homestead property after it sells, so budget for the new owner's bill rather than the current one.
How do I tour 321 NW 37th Street?: Request a tour from this page or call BreakThru Realty. A licensed agent will arrange access with the listing broker and ask for what the listing leaves out, such as the rent roll, the leases and the operating statements.

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