433 NE 37th St, Miami FL 33137

Description of 433 NE 37th St, Miami FL 33137

Brand New on Market / Sought after Development Area / These properties are considered landmarks in Old Miami / Properties are located at the intersection between Midtown, The Design District, and the Upper East Side all very explosive areas for real estate sales & rentals / With the site having a strategic location at Edgewater & Midtown, both neighborhoods that have seen a massive influx of residential and mixed-use development becoming one of the most sought-after development markets in Miami / Property is Zoned T5-R with possibility of zoning change to T8-O / Also possible to use Workforce Affordable which include a lot of Developer Perks / Site may also qualify under Florida's Live Local Act which can unlock significant additional Density & Height with reduced parking requirements and expedited approvals / Both of these options would increase Density & Height / The site is comprised of 13,112 SF of land with two buildings totaling 9,946 SF producing income. All units are rented with long term tenants / Rents are way under market / Monthly rents are approximately $20,000. Gross Monthly / Owner Financing Available / Brightline Station coming soon to Biscayne & NE 38th St — adding significant transit value to this already prime location.

Property Details for 433 NE 37th St, Miami FL 33137

Pool Private

No

Building Information for 433 NE 37th St, Miami FL 33137

Building Area Total

9946

Building Area Units

Square Feet

Association

No

Property Information for 433 NE 37th St, Miami FL 33137

Lot Size Square Feet

13,148

Waterfront

No

View

No

New Construction

No

Public Records for 433 NE 37th St, Miami FL 33137

Parcel Number

01-32-19-019-0150

Tax Legal Description

19 53 42 BUENA VISTA BISC BADGER CLUB COS LOT 17 LESS PORTION LYING IN R/W PB 1-115 LOT SIZE IRREGULAR OR 16289-1058 0394 1

Zoning

4600

County Or Parish

Miami-Dade County

Location