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272 NW 37th St, Miami FL 33127

House For Sale
$975,000

BTC: 12.03703704

ETH: 400.90460526

-$24K (2026/10/01)
84 days
3 bds
1 ba
1,381 sqft

Overview

Exceptional North Wynwood redevelopment opportunity on a 5,000 SF lot ideally located between the Miami Design District and Midtown Miami. The property is part of the Neighborhood Revitalization District-2 (NRD-2), officially known as the Wynwood Norte (North Wynwood) development district with T-5 zoning. Surrounded by established commercial development, this property is being offered primarily for its land value and redevelopment potential. An ideal acquisition for developers, investors, or neighboring owners seeking assemblage in one of Miami's fastest-growing urban corridors. The existing structure, built in 1937, is not the primary value of the offering. Rare chance to secure a strategic parcel in a rapidly transforming location.

Location

Florida • Miami • 33127 • House • For Sale

Details

Type:
Residential
Parking:
Covered
Year Built:
1937
Lot:
5000 Square Feet
Heating:
None
Price/sqft:
$706
Cooling:
Wall/Window Unit(s)
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$640,000
$397K – $1.1M
Confidence Low
List vs. estimate
$335K above estimate
List $975,000 · +52.3%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$706
+53.4% vs. city median $460
Based on
5 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $885K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$664
2025
View
Other
All facts and features

  • Flooring

    • Other

    Heating

    • None

    Cooling

    • Wall/Window Unit(s)

    Appliances

    • Refrigerator

    Other interior features

    • First Floor Entry

    • No Additional Rooms

    Bedrooms and bathrooms

    • Bedrooms: 3

    • Full bathrooms: 1

  • Parking

    • Covered

    Lot

    • Lot: 5000 Square Feet

    Other Property Information

    • Parcel Number: 01-31-24-002-1670

    • Zoning: 6101

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Other financial information

    • Annual tax amount: $664

  • Source details

    • MLS ID: A12061034

    Other facts

    • Construction Materials: CBS Construction

    • Lot Features: Less Than 1/4 Acre Lot

    • Direction Faces: North

    • Architectural Style: Detached / One Story

    • Living Area: 1381

    • Water Source: Municipal Water

    • Subdivision Name: BAY VISTA PARK

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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Market around this address

Live counts in the same area.
View all
This zip
33127
114
median $977K
Active
Same city
Miami
6,218
median $650K
Active
Same type
House
1,906
median $788K
Active
Similar price
$682K – $1.3M
1,531
median $859K
Active

The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Compass Florida, LLC